GM has got approval from EU regulators on a deal to acquire Delphi’s steering business.
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The transaction will not significantly impede effective competition within Europe, the European Commission said in a statement.
“For all vehicle components which GM gets from Delphi Steering Business, the merged entity would continue to face several strong, effective competitors with significant market shares,” the statement said.
See also: US: GM buys (back) Delphi steering
