Suzuki mulls buying out Indian partner from 2-wheeler venture

Japanese auto major Suzuki Motor Corp (SMC) is mulling to buyout the stake of its Indian partner in two wheeler-venture Suzuki Motorcycle India Pvt Ltd (SMIPL).

The Japanese firm is looking to make the Indian subsidiary, a wholly-owned venture, which had started off with it holding 74 per cent stake and the rest 26 per cent by the family of company Managing Director, Satya Sheel. More
Courtesy: economictimes.indiatimes.com

This entry was posted on Friday, November 28th, 2008 at 3:50 am and is filed under Suzuki. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.