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Mahindra, Ford Motor To Form Joint Venture, Deal Valued At $275 Million

The majority stake of the JV will be held by M&M at 51 per cent.
The majority stake of the JV will be held by M&M at 51 per cent.
Automobile majors Mahindra & Mahindra and Ford Motor Company will create a joint venture (JV) firm, valued at $275 million, that will develop, market and distribute the US-based auto maker's products in India. 
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