Mahindra & Mahindra acquires controlling stake in Jeco (Inder steigen bei deutschem Zulieferer ein)

Mahindra & Mahindra acquires controlling stake in Jeco (Inder steigen bei deutschem Zulieferer ein). Check it out:

(Financial Times Deutschland Via Thomson Dialog NewsEdge) Mahindra & Mahindra (M&M), the Indian conglomerate, is acquiring a controlling stake in Jeco, the German automotive component manufacturer. It is acquiring a 67.9 per cent stake at an enterprise value of around 140m euros.

Click here to learn more about e911 and its impact on VoIP

Click Here to Learn How You Can Profit from IP Communications. Live, in Person at INTERNET TELEPHONY Conference & EXPO West 2006 in San Diego.

IPTV is coming fast. Educated service providers will reap profits first. Learn how at FierceMarkets' IPTV Evolution Workshop this fall.

Get Your IMS Education from The Expert Team at INTERNET TELEPHONY Magazine and TMCnet. This Fall in San Diego at IMS Expo.

The acquisition is expected to boost the Indian company's range of automotive components.

Abstracted from Financial Times Deutschland

Copyright 2006 The Financial Times Limited. All rights reserved.

The opinions and views expressed in comments, blogs, etc. are those of the authors alone and not necessarily those of TMC, TMCnet, or its editors. TMCnet reserves the right to edit, delete, or otherwise make changes to the content that appears on these pages at its own discretion and as it deems necessary.

September 29, 2006 12:46 PM

Listed below are links to sites that reference Mahindra & Mahindra acquires controlling stake in Jeco (Inder steigen bei deutschem Zulieferer ein):