Mahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore
Mahindra & Mahindra Ltd (M&M) entered into an agreement to acquire 58.96 per cent stake in SML Isuzu Ltd. (SML) at Rs 650 per share, which is an outlay of Rs 555 crore, according to a statement issued by the automobile major. In addition, M&M will make an open offer in accordance with the SEBI…
