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Hero Motocorp Ltd Incorporates Subsidiary In Netherlands-The Economic Times


Sunday, 31 Mar 2013 07:09pm EDT 

The Economic Times reported that Hero Motocorp Ltd has incorporated an off-shore investment subsidiary in the Netherlands — the overseas arms it plans to establish. This new subsidiary is the overseas financial transaction by Hero MotoCorp aimed to catapult international operations into growth driver in the future, according to three informed sources. Hero recently got 100% subsidiary incorporated in the Netherlands to expedite global expansion plans, which includes overseas investments and merger and acquisition opportunities. The Company may announce this soon, said a senior executive from Hero MotoCorp. The size of the potential investment in the overseas subsidiaries was, however, not available. 

Company Quote

3064.25
32.6 +1.08%
6:23am EDT