Mahindra & Mahindra acquires majority stake in SML Isuzu for Rs 555 cr
& Mahindra (M&M) has acquired 58.96% controlling stake in
SML Isuzu
with a
total investment
of INR 555 crore.
The company will change the name of
SML Isuzu
Ltd. to 'SML Mahindra Limited' after regulatory approvals.
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The company has brought the said stake from
Sumitomo Corporation
and Isuzu Motors Limited,
Japan
.
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