Samvardhana Motherson acquires 81% stake in Japanese supplier Yutaka Giken for $184 million
Honda will retain a 19% stake, maintaining a long-term partnership with the leading Indian supplier
Samvardhana Motherson International Ltd. (SAMIL) is acquiring control of Yutaka Giken, a Japan-based metal parts supplier to Honda, by purchasing 81% of its voting rights for approximately ¥27 billion (about $184 million), Autocar Professional reported Aug. 29.
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