Click it and Unblock the Notifications
Mahindra To Go On Strong Spree In The U.S.
The company has initiated acquiring a major stake in the sick-stricken company in a bid to set afoot global markets. Once the deal was finalized, then the focus would shift to the US market, said M&M"s official of Finance and Strategic Development Department.
Backed by the sale of its SUV Scorpio, M&M is taking advantage of the Ssangyong technology to reach the global markets easily. The official expressed the hope that the joint efforts of these two companies will yield good show in the global markets. Ssangyong has almost finalized as the probable bidder for the stake and once certain pending issues were sorted out, the deal would come off in the early 2011, said an official from Ssangyong. Sensing the enormous scope in the US markets, M&M is making all out efforts to enter them sooner.
Continue with Google