Tata Electronics gets nod to take over iPhone supplier Wistron Infocomm
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The Competition Commission of India (CCI) has given approval to Tata Electronics Private Limited for its proposed acquisition of Wistron InfoComm Manufacturing (India) Private Limited. The deal involves purchase of 100% equity share capital of Wistron Infocomm by Tata Electronics. Wistron Infocomm Manufacturing India, which was incorporated in 2017 by the Wistron group, operates an iPhone assembly plant near Bengaluru.
