Volkswagen to 'partner' Suzuki with $2.5B stake
CNN - 2 hours 20 minutes agoGerman auto giant Volkswagen is buying a a 20 percent stake in Japan's Suzuki Motor Corporation, in a deal worth $2.5 billion, the companies announced Wednesday.
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German auto giant Volkswagen is buying a a 20 percent stake in Japan's Suzuki Motor Corporation, in a deal worth $2.5 billion, the companies announced Wednesday.
Dec. 9 (Bloomberg) -- Volkswagen AG will pay 222.5 billion yen ($2.5 billion) for a 19.9 percent stake of Suzuki Motor Corp. Suzuki, based in Shizuoka prefecture, southwest of Tokyo, made the announcement in a statement to the Tokyo Stock Exchange today.
Dec. 9 (Bloomberg) -- Volkswagen AG will pay 222.5 billion yen ($2.5 billion) for a 19.9 percent stake of Suzuki Motor Corp. Suzuki, based in Shizuoka prefecture, southwest of Tokyo, made the announcement in a statement to the Tokyo Stock Exchange today.
Dec. 9 (Bloomberg) -- Volkswagen AG will pay 222.5 billion yen ($2.5 billion) for a 19.9 percent stake of Suzuki Motor Corp. Suzuki, based in Shizuoka prefecture, southwest of Tokyo, made the announcement in a statement to the Tokyo Stock Exchange today.
Germany's Volkswagen AG is mulling taking up to a 20 percent stake in Suzuki Motor Corp., Japanese media reported Wednesday.
(AP:TOKYO) Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming a broad alliance that could give a boost to the automakers in fast-growing Asian markets.
(AP:TOKYO) Suzuki Motor Corp. says Germany's Volkswagen AG will take a 20 percent stake in the Japanese carmaker. Suzuki said Wednesday Volkswagen will pay 222.5 billion yen ($2.5 billion) for the stake.
(AP:TOKYO) Suzuki Motor Corp. says Germany's Volkswagen AG will take a 20 percent stake in the Japanese carmaker. Suzuki said Wednesday Volkswagen will pay 222.5 billion yen ($2.5 billion) for the stake.
TOKYO (AP) — Suzuki Motor Corp. says Germany’s Volkswagen AG will take a 20 percent stake in the Japanese carmaker.
Dec. 8 (Bloomberg) -- Volkswagen AG , Europe’s largest carmaker, is interested in buying a stake in Suzuki Motor Corp. to gain access to the Japanese manufacturer’s small-car technologies, according to a person familiar with the situation.
TOKYO (AP) — Suzuki Motor Corp. says Germany’s Volkswagen AG will take a 20 percent stake in the Japanese carmaker.