TVS Motor, India exits ION Mobility stake in USD 1.75 million asset deal

On March 31, TVS Motor Company announced that its Singapore-based subsidiary, TVS Motor (Singapore) Pte Ltd., has divested its entire stake in ION Mobility Pte. Ltd., an associate company. As part of the transaction, TVS Motor Singapore acquired specific assets from ION Mobility for a net cash consideration of approx....

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