Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Sumitomo Corp picks up 49% stake in Hero group unit

Sumitomo Corporation has picked up a 49% stake in a special purpose vehicle (SPV) of Hero Future Energies (HFE) for an undisclosed sum, according to a press release.

Rahul Munjal-helmed Hero Future Energies will own 51% stake in the SPV.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.