ZF Group sold a 4.32% stake in its Indian subsidiary, ZF Commercial Vehicles Control System (CVCS) India, for ₹1,022 crore. The move aims to increase financial flexibility for ZF's growth plans, while maintaining its majority shareholding in the Indian market leader. Aditya Birla Sun Life Mutual Fund was among the buyers. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.