RETURN OF THE SCORPIAN KING
After having started the global acquisition carnival lead b
y companies like TCS, Infosys, Ranbaxy & Bharat Forge, it is now the turn of the booming Indian automobile sector to experience newer global terrains. Leading the automobile sector from the front is Mahindra & Mahindra (M&M), who went ahead and acquired a 67.9% stake in the German-based company Jeco Holding for as much as $178.31 million on September 28. Jeco is one of the top most forging companies in Germany and manufactures components like gear boxes, engine and axle pans, hubs and piston heads. After this acquisition, M&M has made its mark by making the largest overseas acquisition in auto component space in India till today.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
y companies like TCS, Infosys, Ranbaxy & Bharat Forge, it is now the turn of the booming Indian automobile sector to experience newer global terrains. Leading the automobile sector from the front is Mahindra & Mahindra (M&M), who went ahead and acquired a 67.9% stake in the German-based company Jeco Holding for as much as $178.31 million on September 28. Jeco is one of the top most forging companies in Germany and manufactures components like gear boxes, engine and axle pans, hubs and piston heads. After this acquisition, M&M has made its mark by making the largest overseas acquisition in auto component space in India till today.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links.
- Hindustan Times Article - Publisher goes underground
- Rashmi Bansal (Editor of JAMMAG)
- Rashmi Bansal (Publisher of JAMMAG)
posted by IIPM @ 12:59 AM
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