UPDATE 1-India's Tata Motors unit to buy UK's INCAT


(Changes dateline, adds details) MUMBAI, Aug 18 (Reuters) - India's top vehicle maker Tata Motors Ltd. said on Thursday its unit has agreed to buy UK engineering and design firm INCAT Technologies Inc , giving it greater scale in North America, Europe and Asia. Tata Motors subsidiary Tata Technologies will buy INCAT for about 53.4 million pounds ($97 million), paying 220 pence a share in cash, and having already received an undertaking from shareholders owning 35.9 percent of INCAT's ...

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