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U-Shin Ltd cancels acquisition of stake in Minda Valeo Security Systems Private Limited from Valeo SA


Thursday, 30 Jan 2014 01:00am EST 

Valeo SA:U-Shin Ltd has canceled the acquisition of 50 pct stake in Minda Valeo Security Systems Private Limited from Valeo SA and will pay 9 million euros for settlement.Minda Valeo Security Systems Private Limited is a 50:50 joint venture between Valeo and Minda Capital Limited.