Motherson closes in on acquisition of auto parts company Marelli - Economic Times

A deal is likely to be announced by the end of May or early June, the people said, asking not to be named. They also did not reveal any likely financial terms or how the Motherson Group will fund the deal. The acquisition, if consummated, will propel the grou…

Vivek Chaand Sehgal's Motherson Group is in an advanced stage of talks to acquire Marelli, the Italian auto components maker owned by private equity firm KKR, in what would be the Indian company's bi… [+2436 chars]

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