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. of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Suzuki intends to invest up to one half of the amount received from Volkswagen into shares of Volkswagen.
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