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Suzuki Motor says it will buy back VW stake as court settles feud| Reuters

Aug 31, 2015    

TOKYO Japan's Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court settled a dispute between the automakers over their failed partnership.Suzuki filed for international arbitration in November 2011, after Volkswagen refused to sell back the shares in Suzuki it acquired in January 2010 for 1.7 billion euros ($1.90 billion).The stake was worth some $3.8 billion at Friday's closing price.Both companies said they welcomed the clarity offered by the ruling from the International Court of Arbitration of the Interna...

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