Gabriel India to buy 28.99% stake in HL Mando Anand JV
After the transaction, Gabriel India will replace Asia Investments as the JV partner in HL Mando Anand India
Gabriel India will acquire a 28.99% stake in HL Mando Anand India Pvt. Ltd. from Asia Investments Pvt. Ltd. for 22.31 billion rupees (about $231.6 million), the flagship company of India-based auto component supplier Anand Group said.
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