Original sentence: In 1730, it was refounded as the Asiatisk Kompagni ("Asiatic Company") and with the royal license granted in 1732, the new company would have a 40 years monopoly on all Danish trade east of Cape of Good Hope, yet in 1772, it lost its monopoly, and in 1779 Danish India became a crown colony
Edited sentence: In 1730, it was refounded as the Asiatisk Kompagni ("Asiatic Company") and with the royal license granted in 1732, the new company would have a 40 years monopoly on all Danish trade east of the Cape of Good Hope, yet in 1772, it lost its monopoly, and in 1779 Danish India became a crown colony