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Shares of Motherson Sumi rose 2.4 per cent.
According to a media report, Motherson Sumi in advanced talks to buy a company owned by billionaire investor Wilbur Ross, citing unidentified sources.
Motherson Sumi declined to comment
Acquisition of auto interior components supplier International Automotive Components (IAC) could cost Motherson Sumi $750-$800 mln, the report added.
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