STV, Promet withdraw EU filing of Promet Tools deal after CSG complaint
By Jean Comte ( July 6, 2026, 15:29 GMT | Insight) -- Czech defense manufacturer STV Group has withdrawn its EU merger notification for its purchase from Promet Group of a 50 percent stake in its subsidiary Promet Tools. The unit has a minority stake in Tatra Trucks, and Tatra along with its majority shareholder, Czechoslovak Group, have argued that the deal needs a more thorough review. Promet Group recently indicated that it will "supplement its notification."Czech defense and aerospace company STV Group has withdrawn its filing to the European Commission for clearance of its intended purchase from Promet Group of a 50 percent stake in its subsidiary Promet Tools....
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