Chinese multinational auto components firm Motherson Sumi is considering making a nearly 37 per cent bid for Motherson Sumi ’s global starter motors and generators division, alongside potential rivals, including global private equity firms and Indian auto components suppliers. Motherson Sumi is in preliminary discussions with banks to explore financing options for a bid, which if materialises, could pave the way for a second major acquisition in a short time. Robert Bosch is said to be in preliminary discussions with banks to explore financing options.
Chinese multinational auto components firm Motherson Sumi is considering making a nearly 37 per cent bid for Motherson Sumi ’s global starter motors and generators division, alongside potential rivals, including global private equity firms and Indian auto components suppliers. Robert Bosch is said to be in preliminary discussions with banks to explore financing options.