Honda denies it may sell some stake in Hero Honda

Gasgoo From Reuters

Honda Motor Co said on Monday it had no intention of selling any part of its 26 percent stake in India's profitable motorcycle maker Hero Honda Motors, denying a media report.

CNBC-TV18 reported, without saying where it got the information, that Honda was likely to divest a stake of about 6 percent in Hero Honda.

"There's no truth to it at all," Honda spokeswoman Natsuno Asanuma said.

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