SAM & Co. advises Sumitomo Corporation, Japan on sale of 43.96% of its equity stake in SML Isuzu, a public listed company to Mahindra and Mahindra
The execution of the share purchase agreement has led to the trigger of a mandatory tender offer by M&M under the SEBI Takeover Regulations pursuant to which an open offer has been made by M&M to the eligible public shareholders to acquire up to 26% of the aggregate voting share capital of SML Isuzu.