Motherson Sumi Systems plans three acquisitions in 5-6 months

Motherson Sumi Systems is in advanced talks to acquire three companies: a European company for about $500 million, a Japanese company for $50-80 million, and a US company for $200-250 million. These are in addition to the recently announced Reydel Automotive deal.

“The synergistic combination of complimentary portfolios will create a stronger business.”thehindubusinessline.com

• 5 sources
• thehindubusinessline.comMotherson to acquire Reydel Automotive for ₹ 1,307 cr - The HinduBusinessLinePTIApr 2, 2018
• cerberus.comMotherson inks deal to acquire Reydel Automotive Group for USD 201 Million from Cerberus - Cerberus Capital ManagementApr 2, 2018
• asia.nikkei.comIndia's Motherson Sumi to buy European car parts maker - Nikkei AsiaKIRAN SHARMA, Nikkei staff writerApr 3, 2018
• m.economictimes.comMotherson Sumi: Motherson Sumi plans 3 acquisitions in 6 months - The Economic TimesNabeel A KhanApr 23, 2018
• economictimes.indiatimes.com

Summarized from public sources; check the original articles before acting on it.