Sical sells stake in MOL India auto joint venture
Sical Logistics Ltd., India’s leading multi-modal logistics provider, is selling its 40.92 percent stake in Ennore Automotive Logistics, an automobile port yard joint venture with Japanese shipping group Mitsui O.S.K. Lines.
“The board has approved the proposal to divest the company’s entire shareholding in the joint venture unit,” Sical said in…
http://www.joc.com/international-logistics/sical-sells-stake-mol-india-auto-joint-venture_20140831.html
Journal of Commerce