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Mahindra's due diligence on Ssangyong to start soon

Mahindra and Mahindra, is speculated to start the audit for prospected investment in the South Korean auto major Ssangyong Motor within two days. The plan comes as a company's step to enhance and expand its operation overseas.

Published On Jun 15, 2010 06:03 PM By Vidyadhar
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Mr. Goenka, from MM, the country's largest sports utility manufacturer, expressed his enthusiasm quoting that Ssangyong is expected to be a good fit for the company as the investment is supposed to open doors for newer markets.

Ssangyong, is supposedly offering buyers across Asian and Russian markets, access in its stakes. The company entered bankruptcy protection in February 2009, and presently 7 parties from these markets have already expressed their interest in controlling a stake in the South Korean auto maker assessed at, at least 700 billion won.



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Vidyadhar

Vidyadhar takes charge of the quality and consistency of the content produced by CarDekho correspondents. With over 5 years of involvement in content & social media marketing, he believes that the www is an ever evolving phenomenon. Considering the ways the web algorithms are evolving, foreseeing the threats and opportunities and managing online business accordingly is going to play a crucial role. He comes from a highly valued content development background, where, during the first phase of his corporate career, he served Westpac, an Australian bank. Later, he came into the context of technical writing where he managed teams that dealt in producing maintenance guides meant for software applications. This part of his career bestowed upon him an outlying vision to see things from end-user perspective. He bagged a masters degree in English and is pursuing MBA in Digital Marketing at the moment. 

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