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MSSL Manufacturing Hungary Kft, a subsidiary of MSSL GmbH (itself a subsidiary of Motherson Sumi Systems), is acquiring the automotive business unit of Abraham es Tarsa Kft (Abraham and Co. Ltd), Turkeve, Hungary, on a going concern basis. The deal is expected to be completed by October. MSSL, through MSSL Manufacturing Hungary, would acquire the land, building and machinery of Abraham es Tarsa for a consideration of €10.4 million (₹77.6 crore).
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