Volkswagen to buy 20 percent of Suzuki for $2.5B

Courtesy Newsvine - business  Wed, 12/09/2009 - 05:54

Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto alliances and giving the two carmakers a boost in fast-growing Asian markets.


 

Related items

Suzuki accuses Volkswagen of breaching alliance
Suzuki Motor Corp. says it has sent Volkswagen AG a notice accusing the German automaker of numerous breaches of their 2009 alliance agreement.

Facebook files for IPO; plans to raise $5B
Facebook just filed documents paving the way for an initial public offering of stock. Click here to read the filing at the SEC. More shortly ...

Target will buy back up to $5B in shares
Discount chain Target Corp. says it will buy back up to another $5 billion in shares under a new stock repurchase program.

HP No. 45 Black Inkjet Print Cartridge (51645A)
Black Ink Cartridge for Hewlett Packard printers and other designated machines

Green Laser Pointer II
No, it's not red - it's green Okay, just about everyone has a red laser pointer. Heck, we even sell a fine one here at ThinkGeek. But, we're pretty sure you want to be a superior geek - and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com