Mahindra buys 100 percent stake in Peugeot Motorcycles
by Nabanita Singha Roy from https://www.rushlane.com The brand will launch 7 products in the next two years. Mahindra Two Wheelers acquired 51% equity stake in Peugeot Motorcycles in 2015 in a bid to establish its presence in the European scooter market. In addition to investing 13 million pounds (Rs 109 crores) in purchasing the shares
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