Mutares SE acquires controlling stake in Peugeot Motocycles
MUNICH, GERMANY: Mutares SE & Co. has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC). Mahindra & Mahindra Ltd. (M&M) remains co-shareholder to support new product launches and…