Mahindra likely to sign term sheet with new SsangYong investor next week by Mayank Dhingra 01 Jan 2021
India s Mahindra & Mahindra, which holds a majority 74.65 percent stake in Korean carmaker SsangYong Motor Company (SYMC) has divulged that it is in talks with a new investor to give up its charge of South Korea s fourth-largest carmaker, albeit one which has been struggling to cope up with the recent dynamics in the global business environment.
In a regulatory filing on December 15, M&M had reported that its subsidiary had missed repaying Rs 408 crore loan dues to JP Morgan Chase Bank after which SYMC filed for a court receivership in South Korea.
صدى البلد: تعرف على قائمة السيارات الأكثر ترخيصا في وحدات المرور بمصر
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صدى البلد: فولكس تيجوان ورينو داستر يتصدران أفضل سيارات الـ SUV لعام 2020
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