Suzuki’s Divorce From VW to Cost It Up to $3.9 Billion

TOKYO – Suzuki says it will buy back the 19.9 percent stake held by top shareholder Volkswagen Group after an international arbitration court last month ordered the German automaker to sell its holding, reports Automotive News. The Japanese automaker said it would repurchase on Thursday as many as 122.77 million shares at today’s closing price ... Read More »

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