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European Commission clears creation of a joint venture between Porsche and TransnetBW
On December 22, European Commission announced that it has approved, under the EU Merger Regulation, the creation of a joint venture between Porsche AG, through its subsidiary MHP Management und IT-Beratung, and TransnetBW GmbH, a wholly owned subsidiary of EnBW Energie Baden-Württemberg AG, all of Germany.
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