Apollo: EU green light for purchase of Panasonic Auto Sys.
(CercleFinance.com) - The European Commission has approved the acquisition of sole control of Panasonic Automotive Systems of Japan by Apollo Management of the US.
The transaction mainly concerns the production and sale of automotive solutions.
The Commission concluded that the notified transaction would not raise competition concerns, as the companies are not active in the same or vertically related markets.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The transaction mainly concerns the production and sale of automotive solutions.
The Commission concluded that the notified transaction would not raise competition concerns, as the companies are not active in the same or vertically related markets.
Copyright (c) 2024 CercleFinance.com. All rights reserved.