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Samvardhana Motherson, India to acquire 81% in Japan’s Yutaka Giken

On August 29, Samvardhana Motherson International Limited (SAMIL) announced that it will acquire an 81% stake in Yutaka Giken Co., Ltd. (YGCL), a Tokyo Stock Exchange-listed manufacturer of metal components and assemblies, including rotors, stators, drive and brake systems, and thermal management systems. The acquisi....

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