Hero Investments has agreed to buy Honda Motors Ltd's 26 percent stake in HERO HONDA for around $851 million in a deal that will see the Japanese automaker exit its joint venture in India after more than 26 years.
Hero Investments is buying the stake at Rs 739.97 a share, Shares in Hero Honda fell more than 3 percent following the news.
Hero Investments is buying the stake at Rs 739.97 a share, Shares in Hero Honda fell more than 3 percent following the news.
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