Don’t miss the latest developments in business and finance.

Board of Samvardhana Motherson International approves acquisition of 50% stake in Fritzmeier Motherson Cabin Engineering

Image
Capital Market
Last Updated : Mar 17 2023 | 9:31 AM IST

At meeting held on 16 March 2023

The Board of Directors of Samvardhana Motherson International at their meeting held on 16 March 2023 approved to acquire remaining 50% stake of Fritzmeier Motherson Cabin Engineering from F Holdings GmbH, Austria, subject to satisfactory completion of conditions precedent. Post completion of the transaction, Fritzmeier Motherson Cabin Engineering will become wholly owned subsidiary of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Mar 17 2023 | 9:18 AM IST

Next Story