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M&M in talks to buy stake in SML Isuzu
Mint Mumbai
|March 25, 2025
Automaker Mahindra & Mahindra (M&M) is in talks to buy Japan's Sumitomo Corp.'s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources.
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Mahindra is considering offering the Japanese trading firm ₹1,400 to ₹1,500 per share, according to the report, which will value SML Isuzu at ₹2,026 crore ($236 million), as per
This story is from the March 25, 2025 edition of Mint Mumbai.
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