EC clears Itochu purchase of Kwik-Fit

ERJ staff report (DS)

Brussels -- The European Commission -- the EU's anti-trust authority -- has cleared the acquisition by Japan's Itochu Company of tyre retailer Kwik-Fit.

After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

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Press release from EU

Case documentation from EU