Mahindra and Mahindra takes-over British motorcycle brand BSA

Classic Legends Pvt Ltd. (CLPL), a subsidiary of Indian automotive major Mahindra and Mahindra Ltd, has acquired 100% stakes of legendary British two-wheeler brand, Birmingham Small Arms Company (BSA). Mahindra and Mahindra’s subsidiary purchased 120,000 shares of BSA at 28.33 Pounds per share. In a statement to the stock markets, Mahindra & Mahindra said, “CLPL, a subsidiary of […]

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