Government News
UPDATE 1-India's Hero MotoCorp to merge with investment arm * Bain to hold 8.58 pct, GIC to hold 3.71 pct in Hero
* Merger subject to approval from court, shareholders
* Hero to invest $463 mln in 2 new plants by fall 2013
(Adds details, quotes)
NEW DELHI/MUMBAI, June 4 (Reuters) - Hero MotoCorp
, India's largest two-wheeled vehicle manufacturer, has
approved a proposal to merge the investment arm of its parent
into the automaker, the company said,
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