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PE-backed Amtek Auto sells 5% stake in subsidiary to foreign investor for $4.1M

BY  Bhawna Gupta
Amtek Auto is backed by private equity firms Warburg Pincus and ChrysCapital.

Auto component maker Amtek Auto Ltd has sold 5 per cent stake in its subsidiary Amtek Crankshafts (India) Ltd to an unnamed foreign investor for Rs 22.38 crore ($4.1 million), according to a BSE filing. The deal values...

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