π Hero MotoCorp boosts Ather stake by $184M
Hero MotoCorp has decided to increase its ownership in Ather Energy through a significant share purchase. This deal involves the company buying shares from Ather, which is based in India. The transaction amounts to $184 million and is set to happen soon. This move strengthens the partnership between the two major players in the EV space. Further details on the integration and future strategy are expected to be announced shortly. π