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Ssangyong Bankruptcy Latest News

Mahindra and Mahindra hasn't been able to find a buyer for SsangYong so far, leading the Korean company to go into court receivership.

SsangYong Motor Goes Into Receivership; Mahindra Fails To Find Buyer

Mahindra & Mahindra has received clearance from RBI to reduce its stake in SsangYong Motor from the current 74.65 per cent to 25 per cent, with the US-based HAAH Automotive Holdings in the bid to acquire the Korean company.

Mahindra Receives Clearance From RBI To Reduce Ownership Stake In SsangYong

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