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Edison Motors to acquire Ssangyong for US$ 260 million

Mahindra-owned South Korean carmaker Ssangyong Motors will be sold to Edison Motors, in a deal that is estimated to be worth about US$ 260 million.Earlier this week, Ssangyong confirmed that Edison Motors-led consortium, which includes a South Korean investment fund, was its preferred bidder.

Indebted SsangYong Motors to sell to Korean EV company, about $260m – report

Indebted SsangYong Motors to sell to Korean EV company, about $260m – report
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