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Mahindra & Mahindra Unit To Exit Erkunt Sanayi; Signs Agreement With Hisarlar Makina
Mahindra & Mahindra (M&M), through Mahindra Overseas Investment Company and Erkunt Traktor, will sell its entire stake in Erkunt Sanayi Anonim Sirketi. The consideration to be received is 100,000 Turkish Lira. M&M’s unit has also entered into an agreement with Hisarlar Makina Sanayi ve Ticaret A.S. and individual investors.
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