European Commission clears acquisition of Sanden by Hisense Group

Acquisition, divestment & Spinoff

The Commission said ‘the proposed acquisition would raise no competition concerns given the limited horizontal overlaps and vertical links between the activities of the companies’

The European Commission (EC) has approved, under the EU Merger Regulation, the acquisition of Japan-based Sanden Holdings Corporation by Chinese Hisense Group Holdings Co. Ltd., the EC said in a press release on 20 May 2021.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload