Lumax Auto to acquire majority stake in IAC India

News
M&A

Acquisition is valued at INR5.87 billion

Lumax Auto Technologies has signed an agreement to acquire majority stake in IAC International Automotive India Pvt. Ltd, from the International Automotive Components Group (IAC Group), it said in a press release on 20 February

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