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TVS Motors, India increases its stake in Killwatt Gmbh to 49%

On February 26, TVS Motors announced that TVS Motor (Singapore) Pte Ltd has agreed to acquire a further 8,000 equity shares for EUR 4 million in Killwatt GmbH. Post the acquisition, the shareholding of TVS Motor (Singapore) Pte Ltd in Killwatt GmbH will be increased from 39.28% to 49%. The acquisition is aligned with....

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