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<h1>Alat Technologies Secures 15% Stake in TKE Group, Establishes Strategic Joint Venture for MENA Transportation Expansion</h1> The Competition Commission of India approved Alat Technologies' acquisition of shares in TKE Group and formation of a joint venture. The transaction involves Alat Technologies acquiring approximately 15% shareholding in Vertical Topco and establishing a joint venture focused on manufacturing and servicing transportation units primarily in Saudi Arabia and potentially other MENA region countries. Alat Technologies is a subsidiary of Saudi Arabia's Public Investment Fund, specializing in various technological sectors.