Mahindra & Mahindra is expected to make a bid for up to US$400m to acquire cash-strapped SUV specialist Ssangyong Motor, three sources with direct knowledge of the matter told Reuters on Thursday.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Mahindra is among the six companies shortlisted to make a bid for Ssangyong, which has been under court led restructuring since early 2009.
