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Vedanta plans $5 billion to reduce emissions by 25% by 2030

German auto parts supplier ZF Group has announced the sale of a 7.5% stake in its Indian subsidiary, ZF Commercial Vehicles Control System (CVCS) India, to increase liquidity and financial flexibility to enable growth. The company sold 1,425,000 shares, representing 7.5% of the shares, in its listed Indian subsidiary. The transaction aims to strengthen ZF’s financial flexibility, enabling further investment in its growth plans, particularly in the rapidly growing Indian market. Despite the sale, ZF maintains control over ZF CVCS India, implementing a long-term strategy to maintain a solid majority stake.