HCL Tech to take over Swedish auto-maker
India's fourth-largest software services firm, HCL Technologies, has inked a deal to take over Swedish automobiles maker Volvo’s external IT business for $138 million in an all-cash deal.
M&M to buy Italian car designer
Leading Indian automotive manufacturer Mahindra & Mahindra (M&M) has agreed to buy out Italian design house and coachbuilder Pininfarina.
Apollo buys Germany’s Reifencom
Apollo Tyres Ltd has agreed to acquire Germany-based tyre distributor Reifencom GmbH for $49 million, according to a stock market disclosure.