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Suzuki reclaims its shares, but at a price

Suzuki is getting its shares back from former partner Volkswagen, but at a steeper price than it expected

Suzuki's buyback of its shares from former partner Volkswagen may come at a steeper price than it expected. After a failed partnership, the two sides have been in an acrimonious divorce over the past four years. A few weeks ago, the International Court of Arbitration of the International Chamber of Commerce ruled that Volkswagen had to sell its 19.9% stake in Suzuki back to the OEM - a move for which Suzuki had long been pushing.

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https://www.automotiveworld.com/articles/suzuki-reclaims-shares-price/

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