CCI Approves Acquisition of Dowlais Group by American Axle
The Competition Commission of India has approved the acquisition of 100% shareholding of Dowlais Group plc by American Axle & Manufacturing Holdings, Inc. This acquisition will give American Axle sole control over Dowlais Group, which specializes in driveline products and metal components for the automotive sector. Both companies are engaged in the supply of drive transmission components in India.
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