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Japan’s Sanoh buys STI’s stake in Indian JV

By Anuradha Verma

  • 22 Sep 2015

Japanese auto components maker Sanoh Industrial Co Ltd has acquired the minority stake held by its local partner in the Indian joint venture STI Sanoh India Ltd, ending an almost two-decade-old partnership, sources told VCCircle.STI Sanoh India was set up in 1996 as a 55:45 JV with Indore-based STI India, ......

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