Dana Holding has signed a definitive agreement with its Indian joint venture, Axles India (AIL), to acquire select assets of its commercial truck axle business. The transaction, valued at US$13m, is expected to be completed in the second quarter of this year. Under the agreement, Dana will assume full ownership of Subscribe to Automotive World … Continued
Dana Holding has signed a definitive agreement with its Indian joint venture, Axles India (AIL), to acquire select assets of its commercial truck axle business. The transaction, valued at US$13m, is expected to be completed in the second quarter of this year.
Under the agreement, Dana will assume full ownership of
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https://www.automotiveworld.com/articles/86890-us-india-dana-to-acquire-cv-axle-business-from-jv/
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