European Commission approves Hitachi’s acquisition of Chassis Brakes International
EC says the proposed acquisition would not raise any competition concerns
The European Commission (EC) has approved, under the ‘EU Merger Regulation’, the acquisition of Chassis Brakes International (CBI) by Hitachi, through its subsidiary Hitachi Automotive Systems, Ltd. (HIAMS), according to a press release on 2 August on the official website of the European Commission.
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