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Airfloa Rail Technology Ltd approved entering into an MOU with KIN Railway Equipment Private Limited to explore acquiring its business in Coimbatore via slump sale or asset purchase.
“Entering into an MOU with KIN RAILWAY EQUIPMENT PRIVATE LIMITED (KIN), to explore the option of acquiring the Business of KIN in Coimbatore by way of a slump sale or by way of an asset purchase.”bazaarwatch.com
Summarized from public sources; check the original articles before acting on it.