US giant puts ₹1,663 crore on Pricol’s dashboard
Warburg Pincus will acquire a 38% stake in Pricols driver information and connected vehicle solutions business for ₹1,663 crore through its affiliate Topaz Terrace Investments. The business, which…
Attributed summary
Warburg Pincus will acquire a 38% stake in Pricols driver information and connected vehicle solutions business for ₹1,663 crore through its affiliate Topaz Terrace Investments. The business, which makes digital dashboards and instrument clusters for automakers such as TVS, Honda, Royal Enfield and Ather Energy, will be demerged into a separate entity called Pricol Autotech.
Read the original report — Economic Times
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