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TAFE ACQUIRES EICHER TRACTORS (for Rs310 crore).
(From India Business Insight)
Tractors and Farm Equipment (TAFE) of Chennai has acquired Eicher's tractor division near Bhopal, its engine division at Alwar and gears division at Parwanoo in an Rs310 crore cash deal. The acquisition was done through a special purpose vehicle called TAFE Motors and Tractors and DSP Merrill Lynch was Eicher's ...
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