https://www.taxtmi.com/news?id=27471 The Competition Commission approved Sanyo Special Steel Co. Ltd.'s acquisition of a 15.43% equity stake in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. The acquirer is a Japan-based manufacturer of various special steel products with operations in Europe and India. SSMI, originally a joint venture that changed shareholding in 2019 making Sanyo the majority shareholder, is now a subsidiary of the acquirer and manufactures forged, hot rolled and cast steel products. A detailed CCI order will follow. en-us Wed, 01 May 2024 09:41:31 +0530 Wed, 01 May 2024 09:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27471 The Competition Commission approved Sanyo Special Steel Co. Ltd.'s acquisition of a 15.43% equity stake in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. The acquirer is a Japan-based manufacturer of various special steel products with operations in Europe and India. SSMI, originally a joint venture that changed shareholding in 2019 making Sanyo the majority shareholder, is now a subsidiary of the acquirer and manufactures forged, hot rolled and cast steel products. A detailed CCI order will follow. News - Wed, 01 May 2024 09:41:31 +0530 https://www.taxtmi.com/news?id=27471