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Amtek Auto asset sale finds no takers; Brexit, valuations weigh

Brexit, steep valuations and an unfavourable sale method adopted by debt-ridden Amtek Auto have become the main reasons behind the company‘s unsuccessful bids to sell Tekfor, its German division.
Mahindra CIE sees 50-250% returns for minority shareholders

Mahindra Ugine, Mahindra Forgings and Mahindra CIE will be merged into one entity,Hemant Luthra, President, Mahindra Systech said.

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