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VW to sell back Suzuki stake as their tie-up ends
Published Sun, Aug 30, 2015 · 09:50 PM
Tokyo
VOLKSWAGEN AG (VW) will sell a Suzuki Motor Corp stake valued at about 463 billion yen (S$5.36 billion) back to the Japanese carmaker following a decision from arbitrators that ended a four-year dispute over a failed partnership.
VW will sell its 19.9 per cent holding to Suzuki after the arbitrators upheld the Japanese carmaker's request to end the…
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