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India's CCI Greenlights ATC's Stake in TKE and Saudi JV

Summary by Elevator World
The Competition Commission of India (CCI), India’s antitrust watchdog, has approved Alat Technology Co. (ATC) acquiring a minority stake in TK Elevator (TKE) and a forming a joint venture (JV) with TKE to manufacture, supply, install and maintain vertical- and horizontal-transportation systems, outlets including Devdiscourse report. CCI’s approval underscores the transparency and competitiveness of the… The post India’s CCI Greenlights ATC’s Sta…
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Elevator World broke the news in on Thursday, April 24, 2025.
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