EU clears acquisition of Hyundai Assan Otomotive Sanayi, Turkey by Hyundai

On January 22, the European Commission approved, under the EU Merger Regulation, the acquisition of Hyundai Assan Otomotiv Sanayi Ve Ticaret A.S. of Turkey by Hyundai Motor of South Korea. Hyundai Assan Otomotiv Sanayi manufactures and exports Hyundai motor vehicles. The Commission concluded that the proposed acquisi....

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