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Lumax Auto Technologies, India acquires 60% Stake in Greenfuel Energy Solutions
On November 26, Lumax Auto Technologies Limited (LATL), completed the acquisition of a 60% stake in Greenfuel Energy Solutions’ alternate fuels business for INR 1.53 billion through its wholly owned subsidiary Lumax Resources Pvt Ltd. The acquisition has been funded through a combination of debt and internal accruals....
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