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Tech Mahindra announces acquisition of 6.03 per cent equity shares in VitalTech Holdings

rishikesh gaikwad / Article rating: 4.0

Tech Mahindra announced on Thursday after the market hours that its wholly-owned subsidiary Tech Mahindra (Americas), Inc. has agreed to acquire 6.03 per cent equity shares in VitalTech Holdings, Inc. It also has an additional option to acquire additional equity of up to 8 per cent until January 2021.

Motherson Sumi Systems to acquire electrical wiring interconnection systems business in Mexico; stock opens 1.01 per cent higher

rishikesh gaikwad / Article rating: 3.3

Motherson Sumi Systems Limited (MSSL) via its Mexican subsidiary, Motherson Rolling Stocks S de RL de CV (MRS), has signed an asset sale and purchase agreement to acquire the electrical wiring interconnection systems (EWIS) business of Bombardier Transportation, Mexico (BT Ensambles México).

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