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Tofaş wins conditional approval in Turkey to buy Stellantis unit

( April 22, 2025, 08:56 GMT | Official Statement) -- MLex Summary: Tofaş, a Turkish car manufacturer, has secured approval from the national antitrust authority to buy the local distribution business of Stellantis. The watchdog said the transaction is conditional on an investment plan, with such a requirement being the first in the history of the authority. The improvement in societal welfare expected from the deal is the main rationale behind the granting of approval, the office said.Statement follows. ...

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