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Amara Raja Energy & Mobility, India further acquires 4.5% stake in InoBat AS, Norway
On June 20, Amara Raja Energy & Mobility (ARE&M), further invested EUR 20 million for an additional 4.5% equity stake in InoBat AS, Norway (holding company of InoBat Auto JSA, Slovak Republic). With the investment, ARE&M's total holding will reach around 9.32%, including its previous investment of EUR 10 million.
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