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Subaru news!!! Chevy sold 20% Fuji heavy stock.


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Wow i just heard about this on XT6.org!! Is this going to be good or bad for Subaru???

 

In 2000, GM bought a 20% share of Fuji Heavy Industries (Subaru’s parent company) for approximately $1.3 billion, and now they’re selling it for approximately $700 million. Among the buyers of the Fuji Heavy Industries stock is Toyota, who will acquire 8.7% of the company for $315 million.

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