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2024

Samvardhana Motherson to acquire 95% stake in Japan's Atsumitec for USD 57 mn

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Samvardhana Motherson International will acquire a 95% stake in Japan-based Atsumitec for USD 57 million (around Rs 482 crore). The acquisition will be made through its subsidiary, Samvardhana Motherson Automotive Systems Group BV. Honda Motor will retain the remaining 5% voting rights.



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