India: Cummins in talks to acquire Kirloskar Oil Engines in $500m deal

India: Cummins in talks to acquire Kirloskar Oil Engines in $500m deal

Photo: Livemint

The Cummins Group, one of the world’s largest manufacturers of engines and power generation products, is in talks to acquire a controlling stake in Kirloskar Oil Engines Ltd in a deal valued at over $500 million through one of its Indian subsidiaries, two people aware of talks between the companies said.

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