Mahindra to cease SsangYong Motor Company as subsidiary of company

Mahindra & Mahindra Ltd. on August 26, and IR materials of SsangYong Motor Company (SYMC) dated August 29 announced the investment agreement between the KG consortium and SsangYong Motor Company, according to which the KG consortium will acquire the debt-ridden SYMC for KRW 930 billion through primary equity investme....

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