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India

NDR Auto Components, India restructures portfolio with two slump sales and JV Investment

On May 11, NDR Auto Components Limited announced that its board has approved the transfer of its Seat Trim business (related to certain models) via slump sale to its wholly owned subsidiary NDR Auto Components South Private Limited (NACSPL), at a valuation of INR 94.8 million. The transaction is expected to be comple....

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