Japan’s Mitsubishi to acquire 32% of India’s TVS Vehicle Mobility Solution

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The investment is intended to support Mitsubishi’s aim of developing mobility solutions

Japan’s Mitsubishi Corp. (MC) announced that it has agreed to subscribe approximately 32% shares in TVS Vehicle Mobility Solution Pvt. Ltd. (TVS VMS), a multibrand dealer in India, through private placement, according to a press release dated Feb. 19.

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