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IN BRIEF: Volex acquires 51% majority stake in inYantra Technologies

ALN

Volex PLC - Basingstoke-based electronics manufacturer - Makes a 51% majority equity investment in inYantra Technologies Pvt Ltd for $8.0 million. It also purchases 13.5 acres of industrial land, which includes 3.5 acres of land and the operational buildings used by inYantra, in Pune, India for $5.0 million.

Current stock price: 244.50 pence

12-month change: down 22%

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