** Turkish auto manufacturer Tofas jumps over 6% after Competition Board approves acquisition of Stellantis Otomotiv, with new commitments for an investment plan
** Deal would see Tofas take over Stellantis' MIL:STLAM Turkey operations and distribution rights for its brands
** As part of its commitment package, it will invest up to 256 million euros ($295.1 million) in new light vehicle project
** Brokerage Is Yatirim's says acquisition, which gives the company over 30% market share in domestic market, to create synergy and reflect positively on Tofas
** Brokerage Global Menkul Degerler says investment plan is an important development for Tofas, which has seen its exports drop significantly
** The stock is the best performer on Istanbul's BIST-100 index BIST:XU100, which is steady
($1 = 0.8675 euros)
