India, Dec. 16 -- The Competition Commission of India has approved the acquisition of paper and pulp manufacturing business of Aditya Birla Real Estate Limited by ITC Limited. The Proposed Combination refers to the sale of paper and pulp manufacturing business of Aditya Birla Real Estate Limited (Target Business) to ITC Limited, as a going concern, in accordance with the Business Transfer Agreement executed between the Parties.ITC Limited is a listed company with a diversified shareholding and presence across multiple industries. Its businesses encompass fast-moving consumer goods, paper, paperboards and packaging, agri-business, and information technology among others.Aditya Birla Real Estate Limited is a listed company and is part of the ...