Don’t miss the latest developments in business and finance.

M&M to sign pact with SsangYong by January

Image
Press Trust Of India Mumbai
Last Updated : Jan 21 2013 | 5:24 AM IST

Auto major Mahindra & Mahindra (M&M) said due diligence on South Korean sports utility vehicle-maker SsangYong Motor Company is almost over and work on a draft agreement will begin by the month-end.

"We will be completing our due diligence soon and then hold talks with the management of SsangYong. We expect to draft our acquisition plan by end-this month," Mahindra & Mahindra President-Automotive and Farm Equipment, Pawan Goenka, said here.

Also Read

First Published: Oct 11 2010 | 2:25 AM IST

Next Story