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3 hours ago

Varroc to Acquire 45% of Forsee Power India for EV Battery JV in India

Varroc Engineering and France's Forsee Power plan a joint venture to expand EV battery-pack solutions in India. Varroc will acquire 45% equity in Forsee Power India and take management control, plus subscribe to Optionally Convertible Redeemable Preference Shares to fund operations, subject to approvals.

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