Friday, June 4, 2010
Mahindra in final league to bid for Ssangyong Motors
Mahindra & Mahindra is selected for final level bidding for the troubled Korean automaker Saangyong Motors. Mahindra is one of the last 6 companies in the race that includes a fellow Indian company Dunlop; a tyre manufacturing company, Nissan with its JV partner Samsung Korea, Seoul Invest a south Korean PE company, Daewoo Bus and an undisclosed Korean investment arm.
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