Recent rumors have stated that Ford selling off a portion of its 33.4% stake in Mazda. If this happens Ford will end up losing a majority of the ownership status that it has held for such a long time now.
The Nikkei daily in Japan has been keeping a close eye of this and according to the latest news 20% of Mazda to 20 Japanese firms – which include some insurance companies. This will leave Ford with only a stake of around 13%. A few to be apart of the purchase are five insurance companies which include; steel companies, Denso, and trading companies.
Allegedly Ford does not want share its competition. Because of this when the Mazda shares are split into 20 different parts it will make things much more difficult. The price of just 1% of Mazda’s ownership is close to the amount of $40 million. The total sale of everything could be $1 billion. The deal could be announced next month – but we don’t know when.
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