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European Commission clears acquisition of SITECH by Brose
On July 29, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control over SITECH Sp.z o.o. of Poland by Brose Fahrzeugteile SE & Co. KG ('Brose') of Germany. SITECH is a wholly owned subsidiary of Volkswagen AG ('VW') and produces complete vehicle seats, metal seat structures ....
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