Magma Fincorp completes acquisition of 26% in Magma ITL
From International Tractors (JV partner)
Magma Fincorp has completed the acquisition of 26% stake of Magma ITL Finance, subsidiary of the Company from International Tractors, one of the existing shareholders of MITL (the joint venture partner). By virtue of the said acquisition, MITL has become wholly owned subsidiary of the Company.Powered by Capital Market - Live News
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First Published: Aug 28 2017 | 4:55 PM IST