# Minda Corporation to acquire 8.79% stake in Pricol

The Competition Commission of India approved Minda Corporation's proposed acquisition of an 8.79% stake in Pricol, an auto component manufacturer. The deal was announced on February 20, 2024.

- Type: Acquisition
- Announced: 2024-02-20
- Where: India
- Status: announced
- Products: automobile components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Pricol](https://endata.com/companies/24595.md) (target)
- [Minda Corp.](https://endata.com/companies/54310.md) (acquirer)

## Sources

- [legal.economictimes.indiatimes.com](https://legal.economictimes.indiatimes.com/news/regulators/cci-approves-minda-corporations-stake-purchase-in-pricol/107860630), 2024-02-20: "The proposed combination relates to an acquisition of up to 8.79 percent (approx.) of the equity share capital of Pricol by Minda."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.