EQUITY NEWS

acquisiton

Continental Acquires Modi Tire Business

·         *International Automotive Supplier Continental acquires 100% stake in Modi Tyres Company Limited.            *St…

acquisiton

Acquisition would be made through a Joint Venture in which Motherson Sumi Systems Limited would hold 51% and Samvardhana Motherson Finance Limited would hold 49% share.

New Delhi, 18 th  July 2011At the meeting held on 13 th  July 2011 the board of directors of Motherson Sumi Systems Limited …