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EU approves acquisition of Proseat by Brose Sitech

The European Commission has approved the acquisition of Proseat’s foam, trim, and lightweight components business by Brose Sitech Sp. z o.o., a 50-50 joint venture between Volkswagen AG and Brose Fahrzeugteile SE & Co. KG.
The transaction, which primarily concerns the car seat and seat components sectors, was reviewe....

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