Tata Motors buys 79% in Spain's Hispano

Written By DNA Web Team | Updated:

Tata had a 21% stake in the Spanish bus and coach maker since 2005.

Tata Motors, India's largest vehicles maker, said on Tuesday it has acquired the remaining 79% stake in Spain's Hispano Carrocera.
                                           
Tata, which had a 21% 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.