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SAMIL, India Invests USD 15 Million in REE Automotive, secures supply chain partnership
Samvardhana Motherson International Limited (SAMIL), a flagship company of Motherson Group, announced its plan to acquire up to 11% of shares on a fully diluted basis, and up to 19% on a non-diluted basis, in REE Automotive Ltd. for a total investment of up to USD 15 million through its subsidiary MSSL Consolidated ....
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