India's Motherson Sumi Acquires Finland's Automotive company

Noida, India-based automotive component firm Motherson Sumi Systems, a joint venture between its parent Samvardhana Motherson Group and Sumitomo Wiring Systems of Japan, acquired Finland’s PKC Group Plc for about $609 million. “We are very happy to announce that we have successfully acquired 93.75 per cent shareholding in the PKC...

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