(Il Sole 24 Ore Radiocor) - Milano, 17 nov - The European Commission said it has approved, under the EU Merger Regulation, the acquisition of sole control of the commercial vehicle group Iveco by TML Commercial Vehicles, the commercial vehicles business of India's Tata Motors.

Iveco's headquarters are in Turin, Italy and its statutory seat is in Amsterdam, in the Netherlands.

The commission said it concluded that the transaction would not raise competition concerns, given the companies' limited combined market position resulting from the proposed.

transaction.

(RADIOCOR) 17-11-25 15:02:10 (0410) 5 NNNN