Multiple choice

Which company had acquired 67.9 per cent stake in Jeco Holding Ag (German Forging Giant)?

  1. Tata

  2. Reliance

  3. Mahindra and Mahindra

  4. Pantaloon Retail

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

Mahindra and Mahindra acquired a 67.9% stake in Jeco Holding Ag, a German forging company, to strengthen its component manufacturing capabilities. This acquisition was part of Mahindra's strategy to expand its global auto component operations and access advanced forging technology.