ZF Group, India sells 4.3% stake in ZF CVCS

On November 27, ZF Group (ZF) announced that it has sold a 4.3% stake, in its subsidiary, ZF CVCS India, to increase liquidity and financial flexibility for its growth plans. The sale of shares has no effect on ZF’s control of ZF CVCS India.
The transaction will strengthen the financial flexibility of ZF, allowing it....

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