Mahindra & Mahindra gets CCI nod for 59% stake buy in SML Isuzu, open offer to follow

The transactions will be followed by an open offer to acquire up to 26% of the company’s equity from public shareholders at ₹1,554.60 per share, in line with SEBI’s takeover regulations.Shares of Mahindra & Mahindra Ltd ended at ₹3007.80, down by ₹12.90, or 0.43%, on the BSE.

Mahindra & Mahindra gets CCI nod for 59% stake buy in SML Isuzu, open offer to follow
The transactions will be followed by an open offer to acquire up to 26% of the company’s equity from public shareholders at ₹1,554.60 per share, in line with SEBI’s takeover regulations.Shares of Mahindra & Mahindra Ltd ended at ₹3007.80, down by ₹12.90, or 0.43%, on the BSE.

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