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Stellantis Acquires Tofaş: Conditional Approval on €256 Million Investment
Turkey's Competition Board approved Stellantis's acquisition of Tofaş, conditioned on a €256 million investment plan to boost production by 150,000 units annually by 2027 and measures to prevent anti-competitive distribution practices. This decision follows the rejection of an initial proposal and r...
Stellantis Acquires Tofaş: Conditional Approval on €256 Million Investment
Turkey's Competition Board approved Stellantis's acquisition of Tofaş, conditioned on a €256 million investment plan to boost production by 150,000 units annually by 2027 and measures to prevent anti-competitive distribution practices. This decision follows the rejection of an initial proposal and r...
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