PTI[ MONDAY, FEBRUARY 07, 2005 05:17:21 PM]
NEW DELHI: Amtek India Ltd on Monday said it would acquire 100 per cent equity stake of UK-based Sigma Cast Group Ltd subject to the approval of Reserve Bank of India.
Its board of directors in a meeting have decided to acquire the 100 per cent equity stake of UK-based Sigma Cast Group Ltd, subject to the approval of Reserve Bank of India, the company informed Bomaby Stock Exchange.
The Sigma Cast group is one of the leading suppliers of turbo charger components for automobiles in the world. It supplies automotive components to General Motors, Ford, Land Rover, Case New Holland, 3K Warner Turbo Systems GmbH, Nacco Material Handling Group, Dana Spicer, Holset Engineering Co. Ltd etc, it added.
http://economictimes.indiatimes.com/articleshow/1013885.cms
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