EC clears acquisition of Ford Romania to Turkey's Ford Otosan

Friday, June 24, 2022

The European Commission (EC) said it has approved the acquisition of Ford Romania by Turkey's Ford Ford Otosan. Ford Romania will hold and operate at closing only an assembly plant and car manufacturing facility located in Craiova, southern Romania, the EC said in a press release on Wednesday. The Commission concluded that the proposed acquisition would raise no competition concerns, given that there are no overlaps between the companies' ...

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Friday, June 24, 2022

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