Kirloskar buys stake in SA firm

May 05 2010, 14:16 IST
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SummaryA Kirloskar unit buys 90 pct stake in S. African firm.

Kirloskar Brothers Ltd said on Thursday the company through its unit Kirloskar Brothers International B.V., Netherlands, has acquired 90 percent shares of South African company Braybar.

The cost of acquisition is around 110 million rupees, it said in a statement.

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