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SML Mahindra, India, to consolidate Mahindra’s truck and bus businesses under a single entity
On July 29, SML Mahindra Limited announced that its board of directors has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY 2027 (ending March 31, 2027). It will help to consolidate Ma....
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