Tuesday, November 23, 2010

Mahindra acquires SSanyong, S Korea,

Close on the heels of Tata Motors acquiring Jaguar and Land Rover, and setting its eyes further, Mahindra drops a bombshell. It was in race with French Renault to acquire Ssangyong Motors of S Korea. Now a deal is signed where in they will get 70% stake in Ssangyong at about $450m.

Do not know when Indian companies will buy into Hyundai, Samsung and LG .. Will it be far behind..?


No comments:

Post a Comment

TDS and drinking water quality in Bangalore ..

Total Dissolved Solids (TDS) in drinking water is very crucial to keeping good health and healthy bones. We get our drinking water from ma...

My popular posts over the last month ..