JTEKT completes acquisition of controlling stake in Indian subsidiary

News
M&A

Japanese suppliers acquires stakes owned by Indian promoter, also buys shares from open market

JTEKT has completed the acquisition of 25.12% stake in Sona Koyo Steering Systems Ltd. (SKSSL) from Indian promoter Sona Group-owned Sona Autocomp Holding Limited (SAHL), the company said in a press release today (27 June).

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