Samvardhana Motherson to acquire majority stake in Yachiyo Industry

Samvardhana Motherson International Limited, through its subsidiary, will acquire 100% of Yachiyo Industry's shares, with Yachiyo's 2-wheeler business transferred to Honda Motor. SAMIL will acquire 81% equity in Yachiyo's 4-wheeler business, forming an 81:19 joint venture with Honda Motor. The equity value is JPY 22.9 billion.

“Samvardhana Motherson International Limited (SAMIL) is set to acquire a significant stake in Yachiyo Industry Co., Ltd.”blinkx.in

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• blinkx.inSamvardhana Motherson to acquire majority stake in Yachiyo Industry - News | blinkXAug 2, 2024

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