Uno Minda plans to acquire 81.69% stake in Kosei Minda Aluminium, 50% stake in Kosei Minda Mould

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M&A

The acquisition is planned through a composite scheme of merger with Uno Minda Ltd. through a swap of shares

According to a report published by The Economic Times on March 20, Uno Minda said that its board has approved the acquisition of a 81.69% stake in Kosei Minda Aluminium and a 49.90% stake in Kosei Minda Mould from JV partner Kosei, Japan.

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