Tata Steel to acquire 23% stake in TM International Logistics from IQ Martrade

The Competition Commission of India approved Tata Steel's acquisition of a 23% equity stake in TM International Logistics Limited from IQ Martrade. The deal will increase Tata Steel's holding to 74%, with NYK Europe retaining 26%.

“The Competition Commission of India has approved Tata Steel Limited's proposal to acquire a 23% equity stake in TM International Logistics Limited (TMILL) from its existing joint venture partner, IQ Martrade Holding Und Management GmbH (IQ Martrade).”livelawbiz.com

• 3 sources
• livelawbiz.comCCI Clears Tata Steel's Acquisition Of 23% Equity Stake In TM International LogisticsShilpa SomanAug 18, 2026
• economictimes.indiatimes.comTata Steel gets CCI nod to acquire additional 23% stake in TM International Logistics - The Economic TimesAug 18, 2026
• thehindubusinessline.comCCI approves Tata Steel's proposal to acquire additional 23% stake in TMILL - The HinduBusinessLinePTIAug 18, 2026

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