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India: Mahindra to make open offer for Swaraj Auto

Indian utility vehicle manufacturer Mahindra & Mahindra has announced that it will make an open offer to acquire up to a 27% stake in Swaraj Automotives (SAL) for a total consideration of up to Rs58.26m (US$1.16m). In a filing to the Bombay Stock Exchange (BSE), Mahindra stated that its board of Subscribe to Automotive World … Continued

Indian utility vehicle manufacturer Mahindra & Mahindra has announced that it will make an open offer to acquire up to a 27% stake in Swaraj Automotives (SAL) for a total consideration of up to Rs58.26m (US$1.16m).

In a filing to the Bombay Stock Exchange (BSE), Mahindra stated that its board of

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https://www.automotiveworld.com/articles/90407-india-mahindra-to-make-an-open-offer-for-swaraj-auto/

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