Multiple choice general knowledge

Identify the company that acquired 67.9 percent stake in Jeco Holding Ag (German Forging Giant)

  1. Tata

  2. Reliance

  3. Pantaloon Retail

  4. Mahindra and Mahindra

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Mahindra and Mahindra acquired a 67.9% stake in Jeco Holding AG, a German forging company, to strengthen its auto component manufacturing capabilities. This acquisition helped Mahindra expand its global footprint in the forging sector. Tata and Reliance are major conglomerates but Pantaloon Retail is in the fashion/retail sector.