TOKYO -- Samvardhana Motherson Group participated in the first round of bidding that Marelli Holdings held at the end of March as it chooses a company to support its managerial restructuring, Nikkei learned on Tuesday.
Automobiles
India's Motherson joins bidding to support Marelli restructuring
Conglomerate to partner with U.S. investment fund KKR ahead of next round
Workers at a Marelli factory in Japan's Gunma Prefecture. The auto parts supplier in March filed for what could become one of Japan's largest voluntary debt resolution procedures. © Reuters
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