VCI Global enters term sheet to acquire 51% stake in RTCAR Mexico
VCI VCI (US:VCIG) Yahoo Finance·2025-12-30 21:20

VCI Global (VCIG) entered a legally binding term sheet to acquire a 51% controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, a Mexico-based automotive assembly and manufacturing platform. The acquisition provides VCI Global with an immediately operational, scalable industrial base to support high-volume production for a leading global automotive original equipment manufacturer expanding its footprint in North America. RTCAR Mexico is led by a seasoned management team with exte ...