Varroc Engineering to sell Europe, Americas 4-wheeler lighting business for $631 mln
29/04/2022 05:03
BENGALURU, April 29 (Reuters) - Indian auto component maker Varroc Engineering Ltd VARE.NS said on Friday it will divest its four-wheeler lighting business in the Americas and Europe to France's Compagnie Plastic Omnium PLOF.PA for 600 million euros ($630.96 million). ($1 = 0.9509 euros) (Reporting by Nallur Sethuraman in Bengaluru; Editing by Shounak Dasgupta) ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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