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 Corporate - Mergers & Acquisitions


M&M puts in bid to buy Romanian co

Our Bureau

MUMBAI: Mahindra & Mahindra Ltd (M&M) on Saturday informed the Bombay Stock Exchange that it has put in a bid to acquire the Government of Romania's equity stake in SC Tractorul UTB SA, Brasov.

The company is in the process of negotiations with AVAS, the privatisation authority of the Romanian Government, an official statement said.

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