SML Mahindra to acquire M&M's truck, bus business
Synopsis SML Mahindra will acquire Mahindra & Mahindra's truck and bus division. This move aims to consolidate commercial vehicle operations under one entity. The transaction
Synopsis SML Mahindra will acquire Mahindra & Mahindra's truck and bus division. This move aims to consolidate commercial vehicle operations under one entity. The transaction is expected to be completed within this fiscal year. Combined operations will unlock manufacturing and technology synergies for growth. Future capital expenditure plans will focus on capacity and product expansion.
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