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Motherson Sumi Systems Ltd., through its joint venture SMR-NBHX, acquired a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd., a Chinese manufacturer of automotive mirrors. The deal is expected to close by January 2022.
“Expected to be completed by January 2022, the deal, subject to necessary approvals is expected to benefit SMR-NBHX.”autocomponentsindia.com
Summarized from public sources; check the original articles before acting on it.