{"id":2584,"date":"2013-06-15T19:42:37","date_gmt":"2013-06-15T19:42:37","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=2584"},"modified":"2013-06-15T19:42:37","modified_gmt":"2013-06-15T19:42:37","slug":"mahindra-mahindra-to-buy-13-5-stake-in-spains-cie-automotive","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/mahindra-mahindra-to-buy-13-5-stake-in-spains-cie-automotive\/","title":{"rendered":"Mahindra &#038; Mahindra to buy 13.5% stake in Spain&#8217;s CIE Automotive"},"content":{"rendered":"<p><a href=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/mahindra_15_06_2013.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/mahindra_15_06_2013-300x266.jpg\" alt=\"\" title=\"mahindra_15_06_2013\" width=\"300\" height=\"266\" class=\"alignleft size-medium wp-image-2585\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/mahindra_15_06_2013-300x266.jpg 300w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/06\/mahindra_15_06_2013.jpg 380w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Mahindra &#038; Mahindra Ltd, India&#8217;s largest sports utility vehicle maker, said on Saturday it had agreed to acquire a 13.5 percent stake in Spain&#8217;s auto components maker CIE Automotive SA for 94.24 million euros ($125.72 million).<\/p>\n<p>The Indian company, part of the $16 billion Mahindra Group that has interests in sectors including information technology and auto components, will pay six euros per share for the CIE stake.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fmahindra-mahindra-to-buy-13-5-stake-in-spains-cie-automotive%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Mahindra &#038; Mahindra Ltd, India&#8217;s largest sports utility vehicle maker, said on Saturday it had agreed to acquire a 13.5 percent stake in Spain&#8217;s auto components maker CIE Automotive SA&#8230; <a class=\"meta-more\" href=\"https:\/\/www.franchisemart.in\/franchise\/mahindra-mahindra-to-buy-13-5-stake-in-spains-cie-automotive\/\">Read more <span class=\"meta-nav\">&raquo;<\/span><\/a><\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fmahindra-mahindra-to-buy-13-5-stake-in-spains-cie-automotive%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2584","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=2584"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=2584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=2584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=2584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}