Mitsui's investment in MTC business receives India clearance
( August 15, 2024, 00:08 GMT | Official Statement) -- MLex Summary: Japan-based Mitsui & Co has received approval from the Indian antitrust watchdog to acquire a stake in the domestic steel recycler MTC Business. In a statement late Wednesday evening, the Competition Commission of India said that a detailed order will follow. MTC Business primarily deals in metal scrap and demolition, while Mitsui is a global trading company with interests in various sectors including iron and steel.Statement from the Competition Commission of India follows:...
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