{"id":349134,"date":"2020-05-01T11:31:09","date_gmt":"2020-05-01T06:01:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349134"},"modified":"2020-05-01T12:45:40","modified_gmt":"2020-05-01T07:15:40","slug":"cci-approves-combination-between-bp-global-investments-reliance-bp-mobility-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cci-approves-combination-between-bp-global-investments-reliance-bp-mobility-2\/","title":{"rendered":"CCI approves combination between BP Global Investments, Reliance BP Mobility"},"content":{"rendered":"<p>Fairtrade regulator CCI on Thursday said it has given nod to a proposed combination between BP Global Investments Ltd and Reliance BP Mobility Ltd (RBPML). <\/p>\n<p>The transaction involves the transfer of Reliance Industries&#8217; and its group entities&#8217; entire undertaking related to owning, operating and conducting petroleum retail marketing and related activities in India to RBPML, a combination notice filed with the regulator said. <\/p>\n<p>It also involved the transfer of certain specified mobile aviation business assets at certain airport locations, which are currently owned and used by Reliance Industries, to RBPML, the notice added. <\/p>\n<p>Subsequently, the proposed transaction would involve the acquisition of an aggregate 49 per cent of the fully diluted paid-up equity share capital and voting rights in and of RBPML by BP Global, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fairtrade regulator CCI on Thursday said it has given nod to a proposed combination between BP Global Investments Ltd and Reliance BP Mobility Ltd (RBPML). The transaction involves the transfer of Reliance Industries&#8217; and its group entities&#8217; entire undertaking related to owning, operating and conducting petroleum retail marketing and related activities in India to RBPML, a combination notice filed with the regulator said. It also involved the transfer of certain specified mobile aviation business assets at certain airport locations, which are currently owned and used by Reliance Industries, to RBPML, the notice added. Subsequently, the proposed transaction would involve the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-349134","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349134"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349134\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}