Powered by

Groupe PSA: Mahindra to Acquire 100% Stake in Peugeot Motocycles to Drive Sustainable Growth

Oct 25, 2019 - Business Wire
Mergers and Acquisitions

Regulatory News:

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), part of the USD 20.7 billion Mahindra Group headquartered in Mumbai, India and Groupe PSA (Paris:UG), today announced that Mahindra Two Wheelers Europe will acquire all outstanding shares in Peugeot Motocycles (PMTC). This reaffirms the commitment of the Mahindra Group to the future growth of Peugeot Motocycles, headquartered in Mandeure, France.

Earlier in January 2015, Mahindra Two Wh...