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Samvardhana Motherson International, India to divest IWAP into SMR NBHX
Samvardhana Motherson International Limited (SAMIL) announced that the entire share capital of Ichikoh (Wuxi) Automotive Parts Co., Ltd (IWAP) will be divested to Ningbo SMR Huaxiang Automotive Mirrors Co. Ltd., China (SMR NBHX). SMR NBHX is a 50:50 joint venture between Ningbo Huaxiang Electronics Co. Ltd. (NBHX) an....
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