U.S. approves Brose deal with Continental AG

Newswire

WASHINGTON, Feb 27 (Reuters) - U.S. antitrust authorities have approved Brose Group's acquisition of fellow German automotive parts supplier Continental AG's electric motor device business and cooling fan unit, the Federal Trade Commission said on Wednesday. The FTC made the announcement in a listing that it releases several times a week. Antitrust authorities in Brussels are still considering the deal. When the deal was announced in December, an industry source said it was worth 250 ...

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