China's market regulator approves ANA's takeover of Nippon Cargo with conditions
In a statement, the State Administration for Market Regulation said ANA, NCA and their merged entity must continue to honor existing agreements for cargo ground handling at Tokyo Narita and Osaka Kansai airports.
The decision was made to ensure the smooth operation of bilateral trade and safeguard the stability of regional industrial and supply chains, the regulator said.
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