Controlling interests
Ford Reduces Stake in Mazda; No Longer Largest Stakeholder
Now with Ford offloading 7.5 percent of that interest (the shares will be transfered to Mazda’s busines partners in off-auction trading through the Nikkei stock exhange); Chase Manhattan Bank is set to become the largest individual shareholder in the company.
Ford Denies Rumors it’s Selling-Off Remainder of Mazda Shares
If the planned sell-off goes ahead, then it is likely that many of the Ford shares will be offered to Sumitomo Mitsui Banking, giving it the largest stake holder interest in the Japanese automaker.
