Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW
Green Car Congress
DECEMBER 9, 2009
Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. To support a smooth development of this relationship, Volkswagen will purchase 19.9% of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Osamu Suzuki. Osamu Suzuki.
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