GLA & Co Secures Merger Control Clearance in Saudi Arabia for Bajaj Auto’s Acquisition of Controlling Stake in Pierer Bajaj AG
GLA & Company has successfully secured merger control clearance from the Saudi General Authority for Competition (“GAC”) in Saudi Arabia on behalf of Bajaj Auto International Holdings B.V. (the Buyer) in relation to its acquisition of an additional controlling stake in Pierer Bajaj AG (the Target) from Pierer Industrie AG (the Seller).