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    HomeNewsBusinessCompaniesForce Motors to sell MAN Force JV stake for Euro 150M

    Force Motors to sell MAN Force JV stake for Euro 150M

    Pune-based Force Motors is selling stake in the joint venture company MAN Force Trucks to its partner MAN Truck and Bus AG for Euro 150 million.

    November 21, 2011 / 20:22 IST

    Moneycontrol Bureau

    Pune-based Force Motors is selling stake in the joint venture company MAN Force Trucks to its partner MAN Truck and Bus AG for Euro 150 million.

    The MAN Force Trucks joint venture engaged in manufacture of heavy commercial vehicles.

    "Force Motors and MAN Truck and Bus AG, Munich, have arrived at an in principle agreement, to reorganize their shareholding in the equity share capital of MAN Force Trucks Pvt Ltd

    first published: Nov 21, 2011 05:59 pm

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