Ford may sell part of its Mazda stake

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Ford may sell part of its Mazda stake
Oluşturulma Tarihi: Kasım 19, 2008 00:00

TOKYO - Ford Motor has decided to sell nearly two-thirds of its stake in Mazda Motor, a newspaper said yesterday.

The Nikkei newspaper reported that Ford, which currently owns 33.4 percent of Mazda, would sell about a 20 percent stake in the company for an estimated 50 billion yen ($517 million), based on current market prices.
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