12/06/2014 (Agence Europe) - Mergers: Acquisition of part of Scholz (of Germany) by TTC (of Japan) gets go-ahead. The European Commission says that the deal does not raise competition concerns because of the limited overlaps in business. Toyota Tsusho Corporation (TTC) provides logistics services for the automotive industry, and acts as a trader of metals, machinery, chemicals and other products. Scholz is active in the trading and processing of ferrous and non-ferrous scrap and steel. (EL)