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Germany/Japan: Daimler lifts stake in Mitsubishi Fuso

Daimler has announced it has increased its equity in Mitsubishi Fuso Truck and Bus Corporation (MFTBC) by ¥30bn (US$361m), thereby lifting its stake from 85% to 89.29%. Mitsubishi Group companies now own the remaining 10.71% of MFTBC shares. Daimler has noted that the objective of the additional investment is to support Subscribe to Automotive World … Continued

Daimler has announced it has increased its equity in Mitsubishi Fuso Truck and Bus Corporation (MFTBC) by ¥30bn (US$361m), thereby lifting its stake from 85% to 89.29%. Mitsubishi Group companies now own the remaining 10.71% of MFTBC shares.

Daimler has noted that the objective of the additional investment is to support

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https://www.automotiveworld.com/articles/85392-germany-japan-daimler-lifts-stake-in-mitsubishi-fuso/

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