Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore – Times of India
[ad_1] NEW DELHI: Mahindra & Mahindra Ltd on Saturday said it has entered into an agreement to acquire almost 59% stake in heavy-vehicle maker SML Isuzu (SML) at Rs 650 per share, which will entail an outlay of Rs 555 crore.As part of the transaction, M&M would acquire the entire stake of nearly 44% held…