MAHINDRA INKS DEAL TO PURCHASE SSANGYONG

India's corporations flush with cash reserves are increasingly exreting their dominance on the world stage. Following in the foot steps of Tata Corporation's purchase of Jaguar and Land Rover from Ford Motors India’s Mahindra & Mahindra has officially been named the new owner of South Korea-based Ssangyong. Mahindra was named the leading bidder for Ssangyong earlier this year.



Source : Leftlane
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