<div>UPDATE 1-India's TVS Motor snaps up British brand Norton Motorcycles</div> <!-- no image --> <div>India's third-largest motorbike manufacturer TVS Motor has sealed a $20 million deal to buy British brand Norton Motorcycles as part of a distressed sale.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=41d5JkOEdIU:P-Te_1kR5EQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=41d5JkOEdIU:P-Te_1kR5EQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=41d5JkOEdIU:P-Te_1kR5EQ:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=41d5JkOEdIU:P-Te_1kR5EQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=41d5JkOEdIU:P-Te_1kR5EQ:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/41d5JkOEdIU" height="1" width="1" alt=""></div> Posted by Reuters