Lucas TVS to sell stake in India Japan Lighting to partner Koito for Rs 148.5 crore

The deal makes Koito the sole owner of 22-year-old India Japan Lighting which counts top carmakers among its clients. Koito will turn the venture into a wholly owned subsidiary by the end of the month, Lucas TVS said in a statement.

from Auto-Industry-Economic Times https://ift.tt/2PUzoBX