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Bharat Forge gets conditional approval to acquire American Axle's Indian arm

By Freny Patel ( April 23, 2025, 00:13 GMT | Insight) -- Bharat Forge has received conditional approval to acquire American Axle & Manufacturing Holdings' Indian subsidiary, AAM India Manufacturing, a key player in commercial-vehicle axles. The Competition Commission of India said that the merger approval of the proposed combination is subject to compliance with voluntary modifications offered by the parties. Bharat Forge's ambitious acquisition had triggered an in-depth investigation by the Indian antitrust watchdog last month, which had also opened the process to public scrutiny. Bharat Forge has received conditional approval to acquire American Axle & Manufacturing Holdings' Indian subsidiary, AAM India Manufacturing, a key player in commercial-vehicle axles....

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