Tata seeks EU foreign-subsidy clearance for IAC Group Sweden auto-parts deal
By Anna Ferrari ( October 10, 2025, 14:53 GMT | Insight) -- India's Tata AutoComp Systems has sought EU foreign-subsidy approval to buy IAC Group Sweden. The European Commission will decide by Nov. 13. The deal won EU approval under merger-control rules in September. Tata is expanding its European footprint and said the deal would help it strengthen its presence.Indian auto-parts maker Tata AutoComp Systems has sought EU foreign-subsidy approval for its plan to acquire International Automotive Components (IAC) Group Sweden....
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