Motherson Sumi pondering over a $600 million bid for Bosch's arm
Monday, March 27, 2017, 10:16 AM
Barely two months after acquiring Finnish auto components maker PKC Group, billionaire Vivek Chaand Sehgal is on the prowl again. This time, Sehgal’s multinational auto components company Motherson Sumi evaluating another potential $600-million bid for Robert Bosch LLC’s (Bosch) global starter motors and generators division. Motherson Sumi is in preliminary discussions with banks to explore financing options for a bid.