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The Ghana Gold Board (GoldBod) has firmly dismissed reports linking it to Strategic Mobilisation Ghana Ltd. (SML), stating that it has no dealings, contract, partnership, or relationship ...
Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo ...
The SML Isuzu acquisition is strategically aimed at growing market share in the truck and bus segments, while also achieving greater cost efficiencies in the tractor segment, said Mahindra ...
TOKYO -- Major Japanese trading house Sumitomo Corp. and compatriot Isuzu Motors have agreed to sell their entire stakes in Indian commercial-vehicle joint venture SML Isuzu to local automaker ...
M&M signed share purchase agreements (SPAs), dated April 26, with Sumitomo Corp, Isuzu Motors and SML. Besides, M&M also launched a mandatory open offer for an additional stake of up to 26 per cent in ...
Mahindra will acquire Japan-based Sumitomo Corp's 43.96 per cent stake in SML Isuzu, along with Isuzu Motors' 15 per cent stake New Delhi: In a strategic move to strengthen its foothold in the I ...
Mahindra & Mahindra has acquired a 59% stake in commercial vehicle manufacturer SML Isuzu for Rs 555 crore via its subsidiary Mahindra Trucks and Buses Division. Through the acquisition ...
Shares of heavy vehicle maker SML Isuzu Ltd hit a lower circuit of 10% in early deals after auto major Mahindra & Mahindra said it would buy stake in the firm. M&M inked an agreement to acquire a ...
The price fixed for the open offer of SML Isuzu by M&M is at ₹1,554 per share, a 13% discount to Friday's closing price. M&M over the weekend announced that it has entered into an agreement to ...
Shares of heavy vehicle maker SML Isuzu Ltd. crashed to the 10 percent lower circuit upon opening for trade on April 28, after auto giant Mahindra & Mahindra Ltd. (M&M) announced it would acquire ...
Mahindra expands its commercial vehicle market share to 6 per cent with the Rs 555 crore acquisition of SML Isuzu. Can Mahindra achieve a 12 per cent market share by FY2031? In a major move to ...
Under the agreement, M&M will acquire the 43.96% stake held by Sumitomo Corporation and a 15% stake held by Isuzu Motors Ltd, a public shareholder in SML. Mahindra & Mahindra Ltd (M&M) has ...
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