India, Feb. 4 -- Fair trade regulator CCI on Tuesday approved a proposed deal between two entities of South Korean steel major POSCO, involving purchase of stake in POSCO-India Pune Processing Center.

Under the transaction, POSCO India Processing Center will buy the entire stake of LX International Corporation in POSCO-India Pune Processing Center.

The two POSCO entities are part of POSCO Holdings Inc.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....