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TVS Motor, India increases its stake in Killwatt GmbH, Germany via its Singapore subsidiary

On November 7, TVS Motor company announced that its subsidiary, TVS Motor (Singapore) Pte Ltd have initiated an acquisition of 8,000 equity shares in Killwatt GmbH for a total cost of EUR 4 million, post which its holding would be increased from 25% to 39.28%. This acquisition is aligned with its larger vision of bec....

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