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

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