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SsangYong Motor Company is the fourth largest South Korea-based automobile manufacturer, which is owned by Indian multinational automotive company Mahindra & Mahindra Limited. A 70% share of SsangYong was acquired by Mahindra & Mahindra in February 2011, after being named the preferred bidder in 2010 to acquire the bankruptcy-protected company. Mahindra's acquisition was approved by South Korea's Free Trade Commission. As of January 2019, Mahindra & Mahindra holds a 74.65% stake in the company.

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