JSW Group, Volkswagen Sign MoU For 51:49 India JV To Expand Skoda, Volkswagen Car Business
JSW Group and Volkswagen Group have entered into a non-binding memorandum of understanding (MoU) to advance discussions for a proposed 51:49 joint venture covering Volkswagen’s passenger vehicle operations in India. The agreement marks the beginning of exclusive negotiations between the two companies on valuation, business structure and other transaction details. A final binding agreement is…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
