UPDATE 2 -Amtek Auto okays merger of 5 group cos with itself


(Adds more quotes, background, byline) By Narayanan Somasundaram and Aniruddha Basu MUMBAI, July 31 (Reuters) - Amtek Auto Ltd on Thursday said it will merge five of its group firms with itself, to form a auto parts firm with combined annual sales of nearly $1.5 billion, and operations spanning three continents. Amtek Auto will merge Amtek India , Ahmednagar Forgings and three unlisted firms through a share swap, Chief Financial Officer Santosh Singhi told Reuters. The merger, ...

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