India, Feb. 4 -- The Government of India issued the following news release:
The Competition Commission of India has approved the proposed acquisition of certain shareholding in POSCO - India Pune Processing Center Private Limited by POSCO India Processing Center Private Limited.
POSCO India Processing Center Private Limited (Acquirer), a subsidiary of POSCO Holdings, is present in the broader business of processing and distribution of steel, and specifically in the market for processing and/ or distribution of various value-added finished steel products such as (i) hot rolled coils, sheets and plates; (ii) cold rolled coils, sheets and plates; (iii) galvanised steel products, (iv) specialty and other steel products (including electrical s...