Mahindra Says Deal To Sell SsangYong Motor To Edison Terminated - carandbike

Mahindra has said that the receiver of SsangYong cited Edison's inability to deposit the bid amount for the termination of the deal.

Indian carmaker Mahindra & Mahindra said on Thursday that a deal to sell its bankrupt unit, SsangYong Motor Co, to South Korean electric carmaker Edison Motors Co had been terminated. The receive… [+1122 chars]

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