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  • Motherson Chairman on Bosch unit buyout talk: 'Can't comment on deals not done yet'

    Auto component major Motherson Sumi Systems could be eyeing the starter motors and generators division of global giant Bosch LLC through a likely USD 600-million bid, a media report said.

  • India's Motherson Sumi buys Finland's PKC Group for $619 million

    Motherson is now the controlling shareholder of PKC Group, holding 93.75 percent of PKC's outstanding shares and stock options.

  • Positive on growth, Motherson Sumi plans to set up 9 new plants

    Group Chairman Vivek Chaand Sehgal said Motherson Sumi recorded highest-ever quarterly revenue and best-ever net profit in Q3FY17. adding, the company looks to garner more from global units. For this, it plans to set up 9 new plants, of which 6 will be based globally, he said.

  • Motherson up 4%, to buy Finland's truck wire maker for $609 mn

    Motherson Sumi Systems shares gained nearly 4 percent intraday Friday after the board approval for acquisition of Finland based truck wire maker by its subsidiary.

  • Motherson Sumi to buy Finland's PKC Group for $609 million

    Motherson has offered 23.55 euros per PKC share, representing a 51 percent premium to PKC's closing price on Thursday.

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