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SUZUKI TO SELL ENTIRE STAKE IN INDIAN MOTORCYCLE JV.
TOKYO, Oct 1 Asia Pulse - Suzuki Motor Corp. (TSE:7269) announced that it will sell for an undisclosed sum all its shares in its motorcycle joint venture in India.
Suzuki plans to sell its entire 25.97 per cent stake in TVS-Suzuki Ltd. to its joint-venture partner, Sundaram-Clayton Ltd.
TVS-Suzuki, founded in 1984, will continue operations under its present licensing agreements with Suzuki through March 2004, including its agreement ...
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Source: HighBeam Research, SUZUKI TO SELL ENTIRE STAKE IN INDIAN MOTORCYCLE JV.