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Mahindra & Mahindra, India completes acquisition of SML Isuzu
On August 1, 2025, Mahindra & Mahindra Limited (M&M) completed the acquisition of a 58.96% stake in SML Isuzu Limited (SML) by purchasing 43.96% from Sumitomo Corporation and 15% from Isuzu Motors Limited for a total cash consideration of INR 5.55 billion. With this transaction, M&M has become the promoter of SML and....
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