Suzuki Sells 1.5% VW Stake
Economy, Auto

Suzuki Sells 1.5% VW Stake

Suzuki Motor Corp said it has sold its entire 1.5% stake in Volkswagen AG to Porsche Automobil Holding SE and will post a special profit of 36.7 billion yen ($304 million) on the transaction. According to Reuters, the Japanese automaker said on Saturday it had sold 4,397,000 Volkswagen shares and that they would be transferred on Sept. 30.


Short URL : https://goo.gl/jsuJVH
  1. https://goo.gl/7AZSHU
  • https://goo.gl/8faPft
  • https://goo.gl/jzDvL8
  • https://goo.gl/vltHpJ
  • https://goo.gl/Ky85es

You can also read ...

Yazd Company to Export Tires to Renault in Algeria
Major tire producer Yazd Tire has concluded an export deal...
Iran Petrochemical Revenues at  $5.5 Billion in Six Months
Iran exported $5.57 billion worth of petrochemical and polymer...
OIC is an international organization consisting of 57 member states.
The countries of the Organization of Islamic Cooperation...
Private banks and non-bank credit institutions held the biggest share of foreign assets among Iranian financial institutions.
The total value of Iranian banks’ foreign assets by August 22...
Calm Housing Market Forecast for Tehran in Fiscal H2
The Iranian housing sector, which has just entered a pre-boom...
Iran Fortifies Ties With IDB, Malaysia
Minister of Economic Affairs and Finance Masoud Karbasian met...
Ahmad Araqchi (R) meets Alexey Tyupanov
The Central Bank of Iran has signed an agreement with the...
In Iran, import tariffs on apparel are set at 55%, apart from a 9% value-added and an additional 4% tax.
About 1,840 tons of apparel worth close to $22.75 million were...