Auto
Mahindra likely in talks to buy Sumitomo's entire stake in SML Isuzu
Mahindra & Mahindra is in discussions to acquire Sumitomo Corp's 44% stake in SML Isuzu, with the offer expected to value the company at around 20.26 billion rupees. Shares of SML Isuzu rose following the news. Mahindra's board is expected to deliberate on the deal soon, while no comment was made by either Mahindra or SML Isuzu.
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