The Hindu Businessline: Samvardhana Motherson International to acquire 81% stake in Honda Motor’s subsidiary Yachiyo

The partnership with Honda Motor aims to drive Samvardhana Motherson International towards future advancements.

Motherson will form an 81:19 strategic partnership with Honda Motor where both partners will drive the company towards a strong and sustainable future and be fully prepared for next-generation products and technologies....

Meanwhile, the company also announced an investment of $14 million for a 12 per cent optionally convertible secured note of US-based Prysm Systems (Prysm). Prysm is engaged in design development, manufacturing, and sale of large format touch-enabled display screens with embedded collaborative software.

Source: https://www.thehindubusinessline.com/companies/samvardhana-motherson-international-to-acquire-81-stake-in-honda-motors-subsidiary-yachiyo-for-120-m/article67041974.ece

 

 

 

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