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Bosch to acquire Indian chassis unit for ₹9,068 crore.
Bosch Ltd has agreed to acquire its chassis systems arm, Bosch Chassis Systems India, for approximately ₹9,068 crore.
The deal, approved by the boards of all companies, will be completed via a mix of cash and equity.
Upon closing, BCSI will become a wholly-owned subsidiary, strengthening Bosch's portfolio in vehicle safety and braking systems as the company aims to expand its integrated mobility solutions in India.
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Bosch adquirirá la unidad de chasis de la India por ₹ 9,068 crore.