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UK's BII To Invest In New Mahindra EV Unit At $9 Billion Valuation, Shares Soar
Reuters
Jul 28, 2022, 7:16 PM
BII will have a 4.8% ownership in the business, which will focus on four-wheel passenger electric vehicles (EVs). The unit will be wholly owned by Mahindra, the company said in a statement.
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