Read the following statements carefully:1.Mahindra & Mahindra's subsidiary Mahindra Two Wheelers Europe will fully acquire France-based Peugeot Motocycles.2.Mahindra Two Wheelers Europe already has 25 per cent stake in PMTC.3.The acquisition would help the company introduce seven new products between 2019 and 2021.Which of the above statements is/are correct?

• A. Only 1
• B. Only 1 and 2
• C. Only 1 and 3
• D. Only 2 and 3
• E. All are correct