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Published 2 years ago

Varroc Engineering To Sell Europe, Americas 4-Wheeler Lighting Business For $631 Million

Summary by Ground News
Varroc Engineering said on Friday it will sell its four-wheeler lighting system operations in the Americas and Europe to France's Compagnie Plastic Omnium for 600 million euros ($630.96 million) The company will continue to operate its China joint venture and its other businesses in countries such as Italy, Vietnam, Poland and Romania. Varroc's shares were trading up 20% at 493.85 rupees.

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