BRIEF- Jtekt acquires shares of Sona Koyo Steering Systems for 14.8 bln yen

  • Reuters
  • Stock Market News
BRIEF- Jtekt acquires shares of Sona Koyo Steering Systems for 14.8 bln yen
Credit: © Reuters.

June 27(Reuters) - Jtekt Corp 6473.T

* Says it acquired 50.4 percent stake in India-based firm Sona Koyo Steering Systems Ltd SONA.NS for 14.8 billion yen in total

* Says it increased stake in Sona Koyo Steering Systems to 70.5 percent from 20.1 percent

* Acquisition plan was announced on Feb. 1

Source text in Japanese:https://goo.gl/NAq6mY

Further company coverage: 6473.T SONA.NS

(Beijing Headline News)

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles