JSW looks to pick up a stake in MG Motor India
Advertisement

JSW looks to pick up a stake in MG Motor India

By Alisha Sachdev

  • 25 Apr 2023
Premium
JSW looks to pick up a stake in MG Motor India
Sajjan Jindal | Credit: Reuters

MG Motor India, the local arm of SAIC-owned automaker Morris Garages, is in advanced talks to sell close to a 15% stake to Sajjan Jindal-led JSW Group, with a roadmap to list the company on Indian exchanges via an initial public offering, people familiar with the discussions said. The deal is ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News