CCI Approves Acquisition of Krosaki Harima by Nippon Steel
The Competition Commission of India (CCI) has sanctioned Nippon Steel Corporation's full acquisition of Krosaki Harima Corporation, elevating Nippon Steel's stake in Krosaki from 46.6% to 100%. This move sees Nippon Steel strengthening its foothold in manufacturing and selling products in the steel industry, while Krosaki remains pivotal in servicing various sectors. A detailed order will follow.
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