India's Tata Motors buys 79 pct in Spain's Hispano

Gasgoo From Reuters

Tata Motors, India's largest vehicles, maker, said on Tuesday it has acquired the remaining 79 percent stake in Spain's Hispano Carrocera.

Tata, which had a 21 percent stake in the Spanish bus and coach maker since 2005, said it acquired the stake exercising its call option, through mutual agreement with the other stake holder Investalia S.A.

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