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European Commission clears creation of joint venture by Pirelli and PIF
The European Commission approved, under the EU Merger Regulation, the creation of a joint venture by Pirelli Tyre S.p.A. (‘Pirelli') of Italy and the Public Investment Fund (‘PIF') of Saudi Arabia. The transaction relates primarily to the production and sale of tires in Saudi Arabia.
The Commission concluded that the....
The Commission concluded that the....
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