Examples of Inbound merger in a sentence
As per the said provisions, following cross border mergers are permitted:• Inbound merger - Foreign company can merge into an Indian company• Outbound merger - An Indian company can merge into a foreign company in permitted jurisdictionHowever, it is pertinent to note that prior approval of RBI is mandatory and only after receiving RBI’s approval, an application can be made by the Indian company with the jurisdictional NCLT in respect of the cross-border merger.
Finally, the functional form of rent seeking technology adopted in this paper allows various axiomatic justifications.8We now turn to descriptions of equilibria where individual choices of agents on allocation of their resources between production and re-distribution are mutually consistent, and none of the agents has an incentive to change her action, given the choices of others.
The following cross border mergers are permitted:• Inbound merger : Foreign company can merge into an Indian company.• Outbound merger : An Indian company can merge into a foreign company in a permitted jurisdiction,However, it is pertinent to note that prior approval of the RBI is mandatory and only after receiving RBI’s approval, an application can be made by the Indian company with the jurisdictional NCLT in respect of the cross border merger.
In 2006, Another biggest Inbound merger of Arcelor and Mittal group.