Mahindra & Mahindra (M&M) is set to acquire a 58.96% stake in SML Isuzu for ₹555 crore, aiming to bolster its presence in the commercial vehicle segment. This acquisition includes Sumitomo Corporation's entire stake and part of Isuzu Motors' holding. M&M will also launch an open offer for an additional 26% stake.
from Auto-Industry-Economic Times https://ift.tt/o3CSlMq
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