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Mahindra, India sells controlling stake in Peugeot Motorcycles, France
On November 10, Mahindra & Mahindra, and Mutares SE & Co. KGaA announced that Mutares has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motorcycles (PMTC). M&M remains a co-shareholder to support new product launches and the strong growth expected in the com....
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