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India/UK: Ashok Leyland raises stake in Optare to 75.1%

Indian commercial vehicle manufacturer Ashok Leyland, together with its associate companies, will increase the group's stake in UK-based bus manufacturer Optare to 75.1%. The move fully integrates Optare into Ashok Leyland's global bus strategy. Ashok Leyland had originally acquired a 26% stake in the British bus manufacturer in July 2010 as It’s time to log … Continued

Indian commercial vehicle manufacturer Ashok Leyland, together with its associate companies, will increase the group's stake in UK-based bus manufacturer Optare to 75.1%. The move fully integrates Optare into Ashok Leyland's global bus strategy.

Ashok Leyland had originally acquired a 26% stake in the British bus manufacturer in July 2010 as

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