Ashok Leyland acquires 26 percent equity in UK bus maker

Deal will help AL gain access to new Technology

30 Jul 2010 | 2736 Views | By Autocar Pro News Desk

Ashok Leyland has said it will acquire 26 per cent stake in UK-based bus manufacturer Optare for USD 7.5 million (about Rs 35 crore) as part of its strategy to expand into new markets.

"The deal is expected to further benefit Ashok Leyland in its endeavour to accelerate technology, new ...

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