Mahindra Group acquires Turkish firm

In a January 20 stock exchange filing, Mahindra Group announced it is acquiring a 75.1% equity stake in farm equipment firm Hisarlar Makina Sanayi ve Ticaret Anonim Sirketi (Hisarlar) for TRY 71 million (INR 1.3 billion).
This acquisition will mark Mahindra’s entry into Turkey, one of the largest markets for farm eq....

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