Mahindra & Mahindra arm divests 3.58% stake in CIE Spain

Mahindra Overseas Investment Company (Mauritius) (MOICML), a wholly owned subsidiary of Mahindra & Mahindra, has sold part of its stake representing 3.58% of CIE Automotive S.A (CIE Spain) outstanding shares, for a total consideration of apprx.119 million Euros. CIE Automotive S.A is an associate of MOICML.

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