Autoliv says to buy rest of India joint venture


STOCKHOLM, Oct 29 (Reuters) - Autoliv , the world's biggest seatbelt and airbag maker, said on Monday it had agreed to buy the remaining 50.01 percent of shares it did not already own in an Indian joint venture. Terms were not disclosed. The firm said in a statement the joint venture, which with sales of about $45 million last year has more than 50 percent of the Indian seatbelt market, would now become a fully owned subsidiary of the Autoliv group.

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