Mahindra's SsangYong Motor sold for $255m to Edison Motors-led consortium

Mahindra's SsangYong Motor sold for $255m to Edison Motors-led consortium

Visual from the company website

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire the debt-laden SsangYong Motor Co Ltd for 305 billion won ($254.65 million), SsangYong Motor said on Monday.