Up to 48% of MG Motor India is likely to be acquired by Sajjan Jindal

Up to 48% of MG Motor India is likely to be acquired by Sajjan Jindal.

According to a report in The Economic Times (ET), industrialist Sajjan Jindal intends to acquire stock in MG Motor India.

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The Chinese automaker SAIC Motor owns 100% of the subsidiary MG Motor India.

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The article states that Jindal will probably buy a 45–48 percent stake in MG Motor India.

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