The Hindu BusinessLine - Tech26 June 20264d ago

Foxconn acquires 351.73 million shares in India arm investing $37.2 million; stake rises to 99.99%

Following the transaction, Foxconn Singapore Pte Ltd holds 23.18 billion shares in the India unit. This accounts for a 99.99999996 per cent stake with a cumulative value of $2.82 billion

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