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Sumitomo Wiring Systems, Japan sells 3.4% holding in SAMIL, India

Samvardhana Motherson International Limited (SAMIL) announced that its promoter Sumitomo Wiring Systems, Ltd., Japan (SWS) intimated the selling of 3.4% shares held in SAMIL through a ‘bulk deal’ at the stock exchange in India, as part of a global deleveraging strategy to fund partial debt prepayment of SWS group in ....

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