Automakers

Toyota will increase Subaru stake to more than 20%

MS
By:
Maki Shiraki
|
R
By:
Reuters
September 27, 2019 06:40 AM

TOKYO -- Toyota plans to raise its stake in Subaru to more than 20 percent from around 17 percent now, a deal that would also see Subaru invest in Japan's top automaker, two people with direct knowledge of the matter told Reuters.

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