Motherson’s deal with Daimler to be EPS accretive right from the beginning: Vivek Chaand Sehgal
“Daimler India Commercial Vehicles’ (DICV) frame manufacturing and assembly operations facilities in Chennai will be acquired via our own internal accruals and the cost is close to Rs 1,000 million. The new acquisition is going to be EPS accretive right from the beginning. From contract manufacturer, we have become assembly manufacturer for Daimler trucks and that would be very value accretive. “
