All posts tagged Mahindra
Mahindra & Mahindra concludes Ssangyong acquisition
Mahindra & Mahindra (M&M), the India-based automobile sector player, has concluded its acquisition of Ssangyong, the South Korea-based automobile company, reported The Times of India.
The newspaper cited Pawan Goenka, president, automotive and farm equipment division, M&M.
The deal was sealed by …
Interview with Pawan Goenka of Mahindra & Mahindra
In the January issue of the Invest KOREA Journal, Pawan Goenka, president, automotive sector, at Indian conglomerate Mahindra & Mahindra Ltd., discussed the reasoning behind the firm's recent
M&M signs agreement to acquire Ssangyong Motor stake
Ssangyong Motor Company Limited (SYMC) and India's Mahindra & Mahindra Ltd. (M&M) its preferred bidder, today announced the signing of a definitive agreement in Seoul. According to a stock exchange
Mahindra to sign sale agreement with Ssangyong Motor this week
Ssangyong Motor, the listed South Korean car maker, would likely sign on a sale agreement with Mahindra & Mahindra (M&M) on 19 November, reported Money Today. The report cited industry
Mahindra may lower offer price for Ssangyong Motor
Mahindra & Mahindra (M&M), the India-based automotive group, would likely make a final offer for the listed South Korean peer next week, reported Hankook Ilbo. The unsourced report claimed
Mahindra to complete Ssangyong deal by year end
A news report carried by India's DNA news source, stated that Mahindra & Mahindra will take another four months to complete the acquisition of the South Korean SUV maker
Mahindra to use cash reserves to acquire Ssangyong
Mahindra & Mahindra (M&M), the India-based automobile company, has enough cash reserves to fund the acquisition of Ssangyong Motor without borrowing, reported the Maeil Business. The report cited Anand
Mahindra may partner with PEF for Ssangyong acquisition
Mahindra and Mahindra (M&M), the Indian vehicle maker, is looking to partner with a global private equity fund to assist in the financing of its bid for South
Mahindra selected as preferred bidder for Ssangyong Motor
It was announced Thursday morning that India's Mahindra has been picked as the preferred bidder to buy South Korea's Ssangyong Motor in a deal estimated at up to $500 million. As
Mahindra, Ruia submit offers in Ssangyong sale
Three companies submitted offers for the acquisition of Ssangyong Motor, the listed South Korean auto maker, before yesterday's deadline, Yonhap News reported. The unsourced report claimed that Ruia Group, the
