Thursday, December 4, 2025

M&M unit offloads 3.58% stake in CIE Automotive for 119 million euros

Mahindra & Mahindra announced a significant divestment. Its subsidiary, Mahindra Overseas Investment Company (Mauritius) Ltd, has sold a 3.58% stake in CIE Automotive S.A. This transaction brought in approximately 119 million euros. CIE Automotive S.A is an associate of the subsidiary.

from Auto-Industry-Economic Times https://ift.tt/YT9ZI3p

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...