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Samvardhana Motherson International Ltd entered exclusive negotiations to acquire 100% of Nexans AutoElectric GmbH for an enterprise value of EUR 207 million. AutoElectric is a German manufacturer of automotive wiring harnesses.
“Motherson plans to acquire German wire harness business, Nexans AutoElectric”truckandbusbuilder.com
Summarized from public sources; check the original articles before acting on it.