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European Commission OKs Itochu's Joint Control over Dentsu Soken

MT Newswires·10/16/2026 06:59:53
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06:59 AM EDT, 10/16/2026 (MT Newswires) -- The European Commission cleared the acquisition of joint control over Japan-based Dentsu Soken by Dentsu Group and Itochu Corp. The transaction mainly concerns the supply of enterprise services and software, according to a Friday release. The authority said the deal will not raise competition concerns because the venture has negligible activities in the European Economic Area and the companies will have a limited combined market position.