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Hero MotoCorp Ltd., picks up 49.2 % stake in a US bike maker Erik Buell.

Hero MotoCorp Ltd., has picked up a 49.2 % stake in Erik Buell Racing LLC (EBR ), a maker of high end motor cycles. Hero, has picked up stake in the company for a consideration of $ 25 million, and the remaining stake is held by Erick Buell, the founder & CEO of the company. […]