UK regulators approve Rheinmetall-BAE military vehicle JV

The UK Competition and Markets Authority approved the pending acquisition by Rheinmetall of BAE Systems Global Combat Systems business, allowing the two companies to form a military vehicle joint venture with Rheinmetall owning 55%.

“A United Kingdom regulatory agency on Thursday approved the pending acquisition by Germany’s Rheinmetall of BAE Systems Global Combat Systems business.”defensedaily.com

• 1 source
• defensedaily.comU.K. Regulators Approve Rheinmetall, BAE Military Vehicle Venture - Defense DailyCal BieseckerJun 13, 2019

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