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The Competition Commission of India approved the acquisition by Mitsubishi-Hitachi Metals Machinery (MHMM) of the remaining 49% stake in Primetals Technologies from Siemens AG. After the deal, MHI will own 100% of Primetals Technologies.
“The proposed transaction entails the acquisition of remaining 49% of the total shareholding in PT by MHI (through MHMM) from Siemens AG”thenewsstrike.com
Summarized from public sources; check the original articles before acting on it.