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General Motors EA will now rebrand into Isuzu East Afri
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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ISUZU Acquires a majority 57.7% in General Motors EA, Takes over management of the firm. Transactions awaiting Regulatory Approval Shareholding Structure *Isuzu 57.7% *Centum Stake of 17.8% *ICDC 20% http://kenyanwallstreet....-stake-general-motors-eaWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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So General Motors Co.was bought out?[ quote=Ericsson]ISUZU Acquires a majority 57.7% in General Motors EA, Takes over management of the firm. Transactions awaiting Regulatory Approval Shareholding Structure *Isuzu 57.7% *Centum Stake of 17.8% *ICDC 20% http://kenyanwallstreet....stake-general-motors-ea[/quote]
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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Isuzu has always held a 4.5% stake in the company under the name Itochu. I thought Centum were also looking to cash out as well. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Chief Joined: 1/3/2007 Posts: 18,131 Location: Nairobi
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Doesn't GM (USA) own a stake in Isuzu (Japan)? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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VituVingiSana wrote:Doesn't GM (USA) own a stake in Isuzu (Japan)? Nope GM has no stake in isuzu Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,131 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Doesn't GM (USA) own a stake in Isuzu (Japan)? Nope GM has no stake in isuzu I thought GM(USA) was the parent of Isuzu Japan but I may be wrong. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Doesn't GM (USA) own a stake in Isuzu (Japan)? Nope GM has no stake in isuzu I thought GM(USA) was the parent of Isuzu Japan but I may be wrong. GM(USA) had a stake but it disposed off Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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General Motors EA will now rebrand into Isuzu East Afri
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