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Exide Industries charges up on acquisition

DALAL STREET SPIKES

BS Reporter Mumbai

This is Exide's second lead smelter acquisition in the last eight months. The purchase will help the company to be self-sufficient in critical raw material (lead constitutes about 70 per cent of the material cost of a battery).

 

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First Published: Jun 20 2008 | 12:00 AM IST

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