The Competition Commission of India (CCI) has cleared Sanyo Special Steel’s acquisition of a 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Company Ltd.

Economy Business

The Competition Commission of India (CCI) has cleared Sanyo Special Steel’s acquisition of a 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Company Ltd. Sanyo Special Steel, a Japan-based company, sells steel products globally and has manufacturing hubs in Europe and India. It is a part of Nippon Steel Corporation Group. SSMI was a joint venture between Mahindra & Mahindra (India), Sanyo Special Steel (Japan) and Mitsui & Co (Japan) that got incorporated in September 2012.


     

     

     

 

     


Competition Commission of India (CCI)

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