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Holding - India - Fiat's Iveco to sell Ashok Leyland stake
MUMBAI,India -REUTERS -May 05, 2006: -- Fiat Group's Iveco is in talks with international bus and truck makers to sell its 15 percent holding in India's Ashok Leyland Ltd, analysts and local media said. Firms including Sweden's Volvo and Scania are reportedly in the race, while some reports also suggest that the Hinduja family, which owns 35 per cent of Ashok Leyland, may buy out Iveco's holding.
posted by Unknown @ 11:38 AM
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