That is more aligned with global valuations for commercial vehicle OEMs.
Chances are M&M could have sweetened the deal with promise to long term components supply from Sumitomo and Isuzu
I get global valuations, but as a firm, you want the highest value, and for a sublisted in India, you would expect Indian-centric valuations.
Pre-deal, a two-year weighted average of its share price is 1000-1200. Why was a deal not possible at 1000? I am asking to understand what it could trade as a post-open offer. Remember, M&M would have to sell 10% as its overall shareholding would cross 84%.
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The Competition Commission of India (CCI) has officially approved Mahindra & Mahindra’s acquisition of SML Isuzu Limited (C-2025/05/1281).
This is a strong positive trigger for SML Isuzu as it gains the backing of a market leader. The move unlocks big potential in the commercial vehicle segment, including EVs, CNG buses, and deeper market reach. No Reco
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Mahindra & Mahindra Ltd (“M&M”) announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore.
Current price is Rs 2,238 per share. If Mahindra is acquiring at 650/share how does that work out?
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