M&M to get 70% in SsangYong Motor for Rs 2,105 cr
After being announced as the preferred bidder, Mahindra & Mahindra has finally signed a definitive agreement with Ssangyong Motor Company Limited (SYMC) to acquire a majority 70 per cent stake for Rs 2,105 crore. The acquisition marks a big step for M&M as it aims to be a global player.
