Federal-Mogul Powertrain and ANAND Group India Announce the Formation of Two New Joint Ventures

ANAND India and Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation (NASDAQ: FDML), have announced that they have entered into an agreement to convert the Sealing and Piston Ring businesses of ANAND into joint venture operations. The new joint ventures will be known as Federal-Mogul Anand Sealings India Limited and Anand I-Power Limited.
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