Leading Tire Producer Continental Wants to Acquire Modi Tire Business in India
International automotive supplier and tire producer intends an important step in India.
Hanover/Delhi, April 18. The international automotive supplier and the world?s fourth largest tire manufacturer Continental has signed an agreement with Modi Rubber LTD. (MRL), for the acquisition of a 100% shareholding in Modi Tyres Company Limited (MTCL), a subsidiary of MRL.…