VOL NO REGD NO DA 1589

Monday, March 06, 2006

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

VIEWS & REVIEWS

EDITORIAL

LETTER TO EDITOR

COMPANIES & FINANCE

BUSINESS & FINANCE

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

COMPANY & FINANCE
 
GM to sell 20pc stake in Suzuki Motor
3/6/2006
 

          TOKYO, Mar 5 (Reuters): General Motors (GM) Corporation is planning to sell its 20 per cent stake in Japanese compact car maker Suzuki Motor Corp, the economic daily Nihon Keizai Shimbun (Nikkei) reported Sunday.
Suzuki said in a statement that "GM and Suzuki will not completely dissolve their capital alliance," adding that the two partners would continue their "strong" operational cooperation.
A Suzuki spokesman declined to elaborate on whether that was a denial of the report or whether it could signal a partial dissolution of their tie-up.
Sources quoted by Kyodo news agency said it was not immediately clear whether GM planned to sell the entire stake or to whom it planned to sell the shares.
Analysts have speculated GM might sell its stake in Suzuki as part of a wider asset restructuring by GM, which sold its stake in Fuji Heavy Industries in October.

 

 
  More Headline
Jamuna Bank's share allotment lottery likely on Mar 13
Govt borrows Tk 8.437b thru' treasury bills
Enactment of 'Chartered Secretaries Act' soon
Agro-processing investors demand subsidies on air cargo facilities
Mutual Group opts for GP Business Solutions
Price indices slide at bourses
Call rate rises
Bangladesh to organise single country trade fair in KSA from May 25
Manifold problems grip prospective limestone, cement projects
GM to sell 20pc stake in Suzuki Motor
Jobs, interest rates top US stocks' agenda
Arab Bangladesh Bank sanctions Tk 200m loan to IPDC
CAG Asif Ali becomes INTOSAI Capacity Building Committee
Call to construct deep sea port at Kutubdia without delay
National Bank relocates its Chowmuhani branch
SEC eyes stock pricing, trading reform delay
IFIC inks drawing deal with UAE-based Al Fardan Exchange
Mexico sells new global bonds
EGM of Petro Synthetic Mar 29
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com