Uno Minda acquires 49% stake in Minda Nabtesco Automotive

News
M&A
ATI News Team

The acquisition strengthens Uno Minda's automotive parts industry presence, enhancing its capabilities and market position

India-based automotive group Uno Minda’s board of directors has approved its plans to acquire a 49% equity stake in Minda Nabtesco Automotive Pvt. Ltd., according to a report published by brokerage firm AngleOne on Sept. 3.

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