# 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.

- Type: Acquisition
- Announced: 2016-12-05
- Where: Indonesia
- Status: announced
- Products: Mitsubishi Motors brand vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Corporation](https://endata.com/companies/575.md) (acquirer)
- [Mitsubishi Motors Corporation](https://endata.com/companies/16452.md) (acquirer)
- [PT Krama Yudha Tiga Berlian Motors](https://endata.com/companies/16453.md) (target)

## Sources

- [vitallaw.com](https://www.vitallaw.com/news/acquisitions-mergers-news-ec-clears-acquisition-of-delphi-s-mechatronics-business-by-norinco/ald016f726fe27c9a1000b9add8d385ad169407), 2016-12-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.