Mahindra signed deal to buy Ssangyong for $464 mln


SEOUL, Nov 23 (Reuters) - India's Mahindra & Mahindra Ltd signed a deal to buy South Korea's money-losing Ssangyong Motor Co Ltd for 522.5 billion won ($464 million), Ssangyong Motor said on Tuesday. Ssangyong shares jumped 6 percent in a broader market down 0.27 percent as of 0208 GMT. (Reporting by Hyunjoo Jin; Editing by Ken Wills)

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