Turkey’s Tofas agreed to invest €256 million ($291 million) to produce a new light vehicle model as part of the regulatory approval to take over Stellantis NV’s local distribution business.

ISTANBUL, April 18 (Reuters) - Turkey's competition board said on Friday that it approved carmaker Tofas' (TOASO.IS), opens new tab takeover of Stellantis NV's (STLAM.MI), opens new tab local ...