Auto / Truck Manufacturers
MMC Corporation Berhad Announces Proposed Acquisition Of HICOM Power Sdn Bhd From DRB-Hicom Berhad
MMC Corporation Berhad (MMC) announced that on October 18, 2012, Sterling Asia Sdn Bhd (Sterling Asia), a wholly-owned subsidiary of Malakoff Power Berhad (Malakoff Power) (which in turn is a wholly-owned subsidiary of Malakoff Corporation Berhad (MCB), a 51%-owned subsidiary of MMC), has entered...
Mahindra And Mahindra Ltd Renews Talks To Buy US Based Aircraft Maker Hawker Beechcraft-The Economic Times
The Economic Times reported that Mahindra And Mahindra Ltd has renewed talks to buy U.S. based aircraft maker, Hawker Beechcraft. Beechcraft is likely to invite bids again for a sale process as it's talks with the Chinese firm may have failed. M&M; may be interested to bid again for Hawker...
General Motors Co Raises Stake In Indian Joint Venture From SAIC Motor Corp-Reuters
Reuters reported that General Motors Co has bought back most of the 50% stake in its Indian operations that it had sold to Chinese partner SAIC Motor Corp regaining control of the joint venture, the automaker said on October 16, 2012. GM raised its stake in the venture to 93%, GM India Vice...
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