EU approves buy of Titan Holdings' Autocam

Newswire

BRUSSELS, June 17 (Reuters) - The European Commission on Thursday approved plans by Goldman Sachs, Transportation Resource Management and John C. Kennedy, all of the United States, for a joint venture to buy Autocam Group of the United States. Autocam Group, which is held by Titan Holding, deals in automotive components. Kennedy is the chairman and chief executive officer of Autocam, located in Kentwood, Michigan. The deal was approved under the Commission's simplified procedure, used ...

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