In one of its biggest acquisitions till date, auto component maker Motherson Sumi Systems will acquire US-based Stoneridge Inc’s wiring harness business for a total consideration of USD 65.7 million (around Rs 385 crore).
Read more
Motherson Sumi to buy wiring business of US-based firm for $65.7 million
More from NewsMore posts in News »
- Share Market LIVE: Sensex extends losses, Nifty sits below 15,000; ICICI Bank, HDFC Bank drag indices down – The Financial Express
- Senior citizens special fixed deposit (FD) scheme of SBI, HDFC Bank, ICICI, Bank of Baroda ends this month – Mint
- Wipro shares slip 2% after acquiring Capco, brokerages flag integration concerns – Moneycontrol.com
- Taking cue from SBI and HDFC, ICICI Bank cuts home loan rates to 6.7% – Moneycontrol.com
- Wipro’s bold bet on Capco gets the cold shoulder from investors – Mint