India's Motherson Sumi buys Finland's PKC Group for $619 million
Indian auto parts maker Motherson Sumi Systems Ltd (MSSL) said on Monday it had completed the buyout of Finland's PKC Group for 571 million euros ($619.4 million).
MOSCOW Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad al-Thani noted the importance of the deal in which Qatar and Glencore bought a 19.5 percent stake in Russian oil firm Rosneft, the Kremlin said.
Russia and Qatar also agreed to further bilateral cooperation, the Kremlin said.
On Saturday, Russia signed a deal with the Qatar Investment Authority and commodities trader Glencore for a 19.5 percent stake in Rosneft as part of a privatisation programme.
The Russian budget is set to receive around 710 billion roubles ($11.66 billion), from the deal.
($1 = 60.8749 roubles)
(Reporting by Vladimir Soldatkin; Editing by Alexander Winning)
TOKYO Bank of Japan board members said easy monetary policy will be in place for some time because consumer price growth is still distant from the central bank's 2 percent inflation target, a summary of opinions from their March 15-16 meeting showed on Monday.
BRUSSELS NATO plans to spend 3 billion euros ($3.24 billion) to upgrade its satellite and computer technology over the next three years as the Western military alliance adapts to new threats, a senior official said.