Indian truck maker Mahindra & Mahindra Ltd. reportedly agrees to pay $378 million for a 70% stake in Koreaâ€™s Ssangyong Motor Co. Ltd., which has been under bankruptcy protection since July 2009. The deal, which still requires approval by the Korean companyâ€™s creditors, includes the assumption of some of Ssangyongâ€™s corporate debt. Mahindra expects to complete the acquisition by March. Mahindra signed a memorandum of understanding in August to take a majority stake in the struggling ...
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