Breaking News

You are here » Indian-Commodity  :  Investment  :  M&M's arm disinvests entire stake in 'Are Villa 4 AB'

08-May2018

M&M's arm disinvests entire stake in 'Are Villa 4 AB'

Mahindra & Mahindra's (M&M) arm - Are Villa 3 AB, Sweden has disinvested its entire stake in Are Villa 4 AB, Sweden. Consequently, Are Villa 4 AB ceased to be a subsidiary of Are Villa 3 AB, and in turn of the MHRIL and that of the company.

Are Villa 3 AB, Sweden is a step down subsidiary of Holiday Club Resorts Oy, Finland, (HCR).  HCR is a subsidiary of MHRIL, which is a listed subsidiary of M&M.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.



Related News

View all news

Nettlinx to partner with two Japanese Investment firms

Nettlinx is set to partner with Japanese Investment firms - Takara Leben Company and Kuni Umi Asset Management Company. Both the Japanese companies plan to jointly invest up to 30% of equity in the SVGreen......

M&M acquires entire stake in Mahindra Automotive Mauritius

Mahindra & Mahindra (M&M) has acquired 100% stake in Mahindra Automotive Mauritius on November 06, 2018.M&M is the flagship company of the Mahindra Group, a multinational conglomerate......

Mphasis' arm acquires Stelligent Systems

Mphasis' wholly owned subsidiary -- Mphasis Corporation has acquired Stelligent Systems, LLC a US based, DevOps, continuous integration and continuous development, service provider in Amazon Web Services......

Top News

View all news

Aurobindo Pharma, TVS Motor and Lupin to see some action today

Aurobindo Pharma's wholly owned subsidiary -- Aurobindo Pharma USA Inc., has entered into an agreement to acquire a product under development and related assets from 'Advent Pharmaceuticals Pty, Australia,......

TVS Motor launches TVS Apache RTR 160 4V in Bangladesh

TVS Motor Company has launched the TVS Apache RTR 160 4V in Bangladesh. A testimony to the racing legacy of the TVS Apache RTR series, the TVS Apache RTR 160 4V will be the flagship offering of the brand......

Aurobindo Pharma's arm enters into agreement with Advent Pharma

Aurobindo Pharma's wholly owned subsidiary -- Aurobindo Pharma USA Inc. -- has entered into an agreement to acquire a product under development and related assets from Advent Pharmaceuticals Pty, Australia,......