India's Mahindra to complete Ssangyong buy in 4 months


NEW DELHI, Aug 25 (Reuters) - Indian utility vehicles and tractor maker Mahindra & Mahindra expects to complete the acquisition of South Korean automaker Ssangyong Motor in four months, its president said on Wednesday. Ssangyong, which will be retained as a separate unit, will have a South Korean chief executive, Pawan Goenka said. Mahindra earlier this week signed a memorandum of understanding to buy a majority stake in South Korean automaker Ssangyong Motor , after emerging as the ...

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