The Competition Commission of India (CCI) has approved the proposed combination between BP Global Investments Ltd and Reliance BP Mobility Ltd (RBPML) under Section 31(1) of the Competition Act 2002.
The proposed combination relates to transfer to RBPML of Reliance Industries Ltd (RIL) and its group entities’ entire undertaking pertaining to the business of owning, operating and conducting petroleum retail and related activities in India.
It also includes the transfer of certain specified mobile aviation business assets at certain airport locations (which are currently owned and used by RIL) for RBPML to operate RIL’s aviation fuel business in India as a service provider.
