Search
On January 16th, the State Administration for Market Regulation (SAMR) made an official announcement, giving conditional approval for American Axle to acquire the equity of Dura. This particular case pertains to the merger and acquisition between two major global suppliers of automotive drivetrain products.
During the review process, the SAMR took into comprehensive consideration the potential impact that this transaction might have on the competition within the Chinese market for automotive power transmission units and rear-drive modules. To safeguard fair competition, the SAMR has introduced additional conditions. These measures are aimed at ensuring that the pricing of relevant components remains reasonable and that their supply stays stable within the market.
-
C114 Communication Network -
Communication Home
