CCI approves acquisition of Krosaki Harima Corporation by Nippon Steel Corporation
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....CI approves acquisition of Krosaki Harima Corporation by Nippon Steel Corporation<BR>News and Press Release<BR>Dated:- 7-1-2026<BR><BR>The Competition Commission of India (CCI) has approved acquisitio....
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....n of Krosaki Harima Corporation by Nippon Steel Corporation The proposed combination involves acquisition by Nippon Steel Corporation (Nippon Steel) of 53.4% shareholding of Krosaki Harima Corporatio....
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....n (Krosaki) by way of a tender offer and potential squeeze out (if applicable) (Proposed Combination). Nippon Steel holds an existing stake of 46.6% in Krosaki and accordingly pursuant to the Proposed....
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.... Combination, Nippon Steel's shareholding in Krosaki would be 100%. Nippon Steel is a Japan-based steelmaker. In India, Nippon Steel is engaged in the business of manufacturing tubes and pipes, and p....
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....rocessing automotive cold rolled steel sheets, crankshafts, and auto-parts and also imports and sells various products. Krosaki is a public listed company established in Japan. In India, Krosaki indi....
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....rectly through its affiliate entities, is, inter alia, engaged in the manufacture and/or sale of refractory products and services the iron & steel making, lime, steel, aluminium, power, ceme....
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....nt, copper, etc. industries. Detailed order of the Commission will follow.<BR> News - Press release - PIB....


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