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Mahindra Holidays Pays $18M For 19% Stake In Finnish Co.

By Andrew Westney (July 7, 2014, 3:22 PM EDT) -- Mahindra Holidays & Resorts India Ltd. on Monday agreed to pay €13 million ($17.7 million) to acquire an initial 18.8 percent stake in Finnish vacation company Holiday Club Resorts Oy, with the right to increase its ownership over two years, according to the company....

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