The Competition Commission has cleared Japan-based Denso Corporation's additional 7 per cent stake acquisition in auto component maker Subros.
With the deal, shareholding of Denso in Subros will increase to 20 per cent from the present 13 per cent.
In a tweet on Thursday, the competition watchdog said it "approves, acquisition of 7 per cent of equity shares capital of Subros Limited by Denso Corporation"
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