Tuesday, November 16, 2010

Itochu, Kajima To Buy Mazda Shares From Ford

The Nihon Keizai Shimbun reported that Ford would sell a large part of its stake in Mazda to a group of ten companies, which included Itochu, Kajima, Sumitomo, and Sumitomo Mitsui Banking Corporation. After Ford completed its equity sale, its share of Mazda would go from 11% to 3%.

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