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Mahindra And Mahindra Ltd Completes Purchase of Navistar International Corp's Stake in India Joint Ventures
Mahindra And Mahindra Ltd and Navistar International Corp announced that Mahindra has completed its purchase of the Navistar Group's stake in Mahindra Navistar Automotives Ltd (MNAL) and Mahindra Navistar Engines Pvt Ltd (MNEPL), The deal has received regulatory approval in India and Mahindra has taken complete ownership of operations and continue to sell MNAL and MNEPL products.
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