Mahindra & Mahindra Divests Final Stake in CIE Automotive to Refocus Portfolio
Strategic Divestment Signals New Era for Mahindra Mahindra & Mahindra (M&M) has officially exited its partnership with CIE Automotive, completing the sale of its remaining 3.58% equity stake for approximately €126 million. This transaction, executed through open market operations, marks the culmination of a multi-year divestment strategy aimed at streamlining the Indian conglomerate’s vast investment…