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American Axle & Manufacturing (AAM) has received clearance from the Competition Commission of India for its 100% acquisition of Dowlais Group plc. The deal represents a vertical integration in automotive drive transmission components and metal-based technologies.
“The proposed combination, as assessed by the CCI, represents a vertical integration in the automotive sector, particularly in the area of drive transmission components and metal-based technologies.”devdiscourse.com
Summarized from public sources; check the original articles before acting on it.