business / news / / Free Press Journal
Bosch Limited intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India.
Bosch Limited plans to acquire 100% of Bosch Chassis Systems India via cash and equity issuance.
KEY POINTS
- The acquisition will make Bosch Chassis Systems India a wholly owned subsidiary of Bosch Limited.
- Bosch Chassis Systems India will continue to operate independently but under Bosch Limited's governance.
- The deal aims to boost Bosch's investment in safety and braking technologies for the Indian market.
COMPANIES
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