On 2 September 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which KSPG AG, (‘KSPG’, Germany), ultimately controlled by Rheinmetall AG (‘Rheinmetall’, Germany), and HUAYU Automotive Systems Co., Ltd, (‘HASCO’, People's Republic of China), ultimately controlled by Shanghai Automotive Industry Corporation (Group) (‘SAIC Group’, People’s Republic of China), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the Chinese automotive casting activities of HASCO by way of purchase of shares.
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