Indian Auto component major Motherson Sumi Systems Limited (MSSL) is acquiring the entire outstanding share capital and voting rights of PKC Group Plc (a Finland based global Tier-1 supplier of wiring harness to OEMs in the Heavy & Medium Duty Commercial Vehicles segment).
On the 19th of January 2017, MSSL and PKC entered into a combination agreement for the proposed transaction. MSSL will make a voluntary, recommended public tender offer to acquire the 100% outstanding shares and option rights in PKC.
Healthcare Delivery is the largest segment of the ~USD 100 bn Indian healthcare industry. The healthcare delivery market accounts for ~70% of the overall industry. The private sector has played a key role ..