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        <h1>India Approves Mitsubishi's Full Acquisition of Primetals from Siemens, Enhancing Control in Metallurgical Plant Design Sector.</h1> The Competition Commission of India has approved the acquisition of Primetals Technologies by Mitsubishi-Hitachi Metals Machinery, Inc. This transaction involves Mitsubishi Heavy Industries acquiring the remaining 49% shareholding in Primetals Technologies from Siemens AG, resulting in Mitsubishi Heavy Industries owning 100% of Primetals Technologies. Previously, Primetals Technologies was jointly controlled by Mitsubishi Heavy Industries and Siemens AG. Mitsubishi Heavy Industries is involved in various sectors, including shipbuilding, power systems, and industrial machinery, while Primetals Technologies specializes in designing and constructing plants for the metallurgical industry. A detailed order from the Competition Commission of India will be issued subsequently.

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