Motherson, India, to acquire 100% of wiring harness business of Nexans Autoelectric GmbH

On December 22, Samvardhana Motherson International Limited (SAMIL) announced that it has entered negotiations through its subsidiary Motherson Global Investments B.V. to acquire 100% of the global wiring harness business of Nexans autoelectric GmbH (“AutoElectric”). The enterprise value of the transaction is EUR 207....

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