DSIJ Mindshare

Shares of this auto company zoomed more than 5 per cent post acquisition announcement!

The company announced on February 19, 2023, that it had acquired a 75 per cent stake in auto component supplier IAC International Automotive India for a total cash consideration of Rs 587 crore.

Bhavya Rathod 0 1890 Article rating: 4.7

The partnership also provides an opportunity for industry leaders in lighting and interior systems to offer integrated solutions to meet the rapidly evolving technological advancements in the automotive sector, according to the company. 

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