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The Competition Commission of India (CCI) has granted unconditional approval for the 40 billion Euro merger between automobile giants Peugeot and Fiat Chrysler.
This was the first electronic filing submitted to the CCI during the COVID-19 pandemic.
The merger is expected to be the fourth largest global OEM by volume and the third largest by revenue, with combined revenues of nearly 170 billion Euro.
Trilegal represented Peugeot through a team led by Partner & National Head of Competition Law Nisha Kaur Uberoi, and assisted by Counsel Gautam Chawla, Senior Associate Shiv Johar and Associates Tanveer Verma, Gajendra Bhansali, and Simran Kathuria.
Partner & co-head of the Corporate Practice Yogesh Singh advised on corporate law aspects.
Fiat Chrysler was advised by a team from from Shardul Amarchand Mangaldas headed by Partners Harman Sandhu and Yaman Verma. Partner Raghubir Menon advised on corporate law aspects.