NEW DELHI, July 29 (Reuters) - Indian auto parts maker Motherson Sumi Systems has tied up 80 million euros in overseas debt to fund buy of a majority stake in Germany's Peguform Group, a top executive said. The fund will be used to finance the acquisition and other expansion plans, G.N. Gauba, chief financial officer, told Reuters over telephone. ICICI Bank was the lead arranger. Motherson Sumi, the world's largest maker of rear view mirrors, said earlier this month its deal to buy a ...
Premium Content (PAID Subscription Required)
"India's Motherson Sumi ties up 80 mln euros for German buy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.