Mahindra & Mahindra (M&M), which is among the four companies to show interest in Swedish automaker Saab, has signed a confidentiality agreement with the bankrupt company and is in the process of finalizing its bid. The Mahindra and its M&A team will meet to take a final call on the structure of the bid. The company has roped in Kotak-Mahindra to finance the deal. One of the glitches which the ne ...

After acquiring a majority stake in Ssangyong, India's biggest sport-utility vehicle manufacturer, Mahindra & Mahindra is interested in buying the bankrupt Swedish carmaker Saab Automobile. Mahindra is in the process of reaching out to the two court-appointed administrators who are overseeing Saab's bankruptcy to possibly buy parts of the carmaker or the whole company. General Motors sold the Trollhaett ...