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EU clears JV between Toyota Tsusho and Maruti Suzuki for vehicle scrappage in India

On September 5, the European Commission informed that it has approved, under the EU Merger Regulation, the acquisition of joint control over a newly created joint venture in India, by Toyota Tsusho India Private Limited of India (TTIPL), its parent Toyota Tsusho Corporation (TTC) of Japan, and Maruti Suzuki India Lim....

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