Long-term investors buy Blackstone's 20.5% stake in Sona Comstar
Gurugram, India, March 14th, 2023: Funds affiliated with Blackstone (NYSE: BX) have sold their balance 20.5% stake in Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions.
Sona BLW Precision Gains On Acquisition Of Serbian Sensor Design Firm Trading Hour | CNBC-TV18
Share price of Sona BLW opened higher on January 10 on the acquisition of Serbian company Novelic, a sensor design and software applications firm. Analysts see the deal as a growth opportunity in autonomous driving, and expect an upside of 27-44 percent.