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LiveMint - Companies 58d ago
M&M fully exits CIE Automotive, accelerates shift to core investments
Mahindra and Mahindra has sold its entire 3.58% stake in CIE Automotive for €126 million, continuing its strategy to exit non-core investments. The sale aligns with its plan to focus on profitable sectors like automobiles and aerospace.
CIEINDIAFOCUSM&MAutomobile and Auto ComponentsConsumer Durables