March 29, 2004
Tata's buy Daewoo unit

The Tata group acquires Daewoo Commercial Vehicle unit (The Korea Herald)

The group's auto unit, Tata Motors Ltd., signed an agreement to buy a 100 percent stake in DWCV for about $102 million (118 billion won) last month. The deal marks the first acquisition in Korea by an Indian company.

Posted by Harshal at March 29, 2004 09:38 AM


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