MM to sell controlling stake in Peugeot Motocycles to Mutares

In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC).

from Moneycontrol Business News https://ift.tt/Xq6CfeW