Uno Minda to enhance stake in JV firm to 76 per cent

Uno Minda, an auto components maker, has approved increasing its stake in joint venture firm Minda Westport Technologies Ltd (MWTL) to 76%. The company plans to acquire an additional 26% stake from its joint venture partner, Westport Fuel Systems Italia. The purchase consideration for the stake is around Rs 15 crore.

from Auto-Industry-Economic Times https://ift.tt/BgGLT1s