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Mahindra & Mahindra Ltd. (M&M) has successfully acquired a 58.96 per cent controlling stake in SML Isuzu Ltd. Following the takeover, the company has been renamed SML Mahindra Limited. The strategic ...
While M&M will be acquiring 43.96% stakes from Sumitomo Corp’s promoter and 15% stake from its public shareholder, Isuzu Motors, it will also launch an open offer in accordance with the SEBI Takeover ...
Mahindra & Mahindra Ltd. (M&M) have acquired 58.96 per cent stake in SML Isuzu Ltd. (SML) from Sumitomo Corporation, Japan and Isuzu Motors Limited, the company said in a statement on Saturday. As ...
BENGALURU, June 16 (Reuters) - India's JBM Auto (JBMA.NS), opens new tab is the leading contender to acquire a controlling stake in automaker SML Isuzu (SMLI.NS), opens new tab, CNBC-TV18 reported, ...
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