Amtek set to shortlist bidders for Tekfor – report

News
Corporate developments

Gets eight first-round bids that value Tekfor at up to EUR520 million (around USD576 million)

India-based auto parts supplier Amtek Auto could shortlist bidders for its German subsidiary Tekfor next week, Reuters reported citing people close to the matter. The move comes a year after Amtek Auto started the sale process of the company.

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