Motherson closes in on acquisition of auto parts company Marelli

A deal is likely to be announced by the end of May or early June, the people said, asking not to be named. They also did not reveal any likely financial terms or how the Motherson Group will fund the deal. The acquisition, if consummated, will propel the group, India's largest automobile component manufacturer, to be among the global top-ten in the segment.

from Auto-Industry-Economic Times https://ift.tt/X6kSHI4