EU clears acquisition of TB Kawashima by Toyota Boshoku and Aunde Group

On August 1, the European Commission approved, under the EU Merger Regulation, the acquisition of joint control of TB Kawashima Co., Ltd. (‘TBKA') by Toyota Boshoku Corporation (‘TB'), both of Japan and by the Aunde Group SE of Germany. TBKA was previously solely controlled by TB. The transaction relates primarily to....

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