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EC clears Mitsubishi's acquisition of joint control over KTB-Trading · Endata

◂ Announcements

Dec 5, 2016ACQUISITIONIndonesia

EC clears Mitsubishi's acquisition of joint control over KTB-Trading

The European Commission approved the proposed acquisition of joint control over PT Krama Yudha Tiga Berlian Motors (KTB-Trading) of Indonesia by Mitsubishi Corporation and Mitsubishi Motors Corporation. KTB-Trading distributes Mitsubishi Motors brand vehicles in Indonesia.

Status

Announced

ProductsMitsubishi Motors brand vehicles

CompaniesMitsubishi Corporation acquirer Mitsubishi Motors Corporation acquirer PT Krama Yudha Tiga Berlian Motors target

Sectors#Automotive Components

“The EC also has approved the proposed acquisition of joint control over PT Krama Yudha Tiga Berlian Motors (KTB-Trading) of Indonesia by Mitsubishi Corporation and Mitsubishi Motors Corporation of Japan.”vitallaw.com

1 source
vitallaw.comACQUISITIONS & MERGERS NEWS: EC... | VitalLaw.comDec 5, 2016

Summarized from public sources; check the original articles before acting on it.

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