Amtek to sell non-core assets to reduce debt

News
Corporate developments

Company expects to generate around USD1 billion through these initiatives

India-based Amtek Auto is considering selling of its non-core business, minority stake in overseas firms and some industrial real estate assets to overcome financial crisis it is facing, reports Press Trust of India (PTI).

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload