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<h1>Nippon Steel's acquisition of Krosaki Harima raises its stake to 100% via tender offer and potential squeeze-out.</h1> The Commission approved Nippon Steel's proposed combination to acquire an additional 53.4% of Krosaki Harima via a tender offer and potential squeeze out, raising its holding from 46.6% to 100%. Nippon Steel's Indian activities include manufacturing tubes, pipes and processed automotive steel products; Krosaki's affiliates supply refractory products and services to heavy industries in India. A detailed order will follow.