MADRID – Hinduja Group buys Iveco SpA's 15% share in India's second-largest commercial truck maker, Ashok Leyland Ltd. Fiat Auto SpA-owned Iveco had a stake in Ashok Leyland through its 30% equity in holding company Land Rover Leyland International Holdings Ltd., which now is fully owned by Hinduja. Financial details of the transaction have not been disclosed, but media reports say Hinduja may have paid nearly 6 billion rupees ($128 million) for the stake. Iveco's decision to exit ...
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