Motherson Group to reportedly acquire Italian auto components maker Marelli – here’s what it means

[ad_1] Motherson Sumi is the largest auto components maker in India, with market capitalisation of over $8 billion. Marelli, the Italian auto components maker, is a slightly larger company, which…

GIC, ADIA buy Sona stake from Blackstone

[ad_1] Mumbai: Singapore’s sovereign wealth fund GIC, Abu Dhabi Investment Authority (ADIA), and a clutch of other investors purchased shares of Sona BLW Precision Holding (Sona Comstar), as private equity…