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schaeffler: Schaeffler India to fully acquire auto spare parts platform Koovers for Rs 142.4 cr

Schaeffler India Ltd on Monday said it will fully acquire KRSV Innovative Auto Solutions Pvt Ltd, an automotive aftermarket spare parts platform, for Rs 142.4 crore. Bengaluru-based KRSV Innovative Auto Solutions, which operates under the brand Koovers, offers spare parts solutions to Indian aftermarket workshops via a B-to-B e-commerce platform. ....

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Schaeffler (OTCMKTS:SCFLF) Stock Price Up 0.9%

Schaeffler AG (OTCMKTS:SCFLF – Get Free Report)’s share price rose 0.9% during mid-day trading on Thursday . The stock traded as high as $6.52 and last traded at $6.52. Approximately 5,440 shares traded hands during trading, an increase of 414% from the average daily volume of 1,059 shares. The stock had previously closed at $6.47. […] ....

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