Mahindra and Mahindra acquires electric car maker REVA

by Paul Joseph on May 26, 2010 · 0 comments

Automobile major Mahindra and Mahindra (M&M) Wednesday announced it has taken 55.2 percent stake in electric car-maker REVA through a combination of equity purchase and fresh capital infusion of Rs.45 crore ($10 million).

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Mahindra and Mahindra acquires electric car maker REVA

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