- The two companies will continue their strategic relationship -
HIROSHIMA, November 18, 2008—Mazda Motor
Corporation (Mazda) has announced today that
Mazda and several of its strategic business partners will acquire a part of Ford Motor Company’s (Ford) shares in Mazda through market trading.
As a result, the ratio of Ford’s ownership of Mazda stock will be reduced from 33.4 percent to just over 13 percent, with the new agreement allowing the two
companies to continue their
strategic relationship that spans nearly 30 years.
“The sale of Mazda shares by our partner, Ford, will not result
in any change in Mazda’s strategic direction and we will continue
to accelerate our product-led brand improvement and cost innovation initiatives,” says
Mazda’s Chairman, President and CEO, Hisakazu Imaki. “We will continue our strategic relationship through our
ongoing joint ventures with Ford, as well as the
sharing of platforms and powertrains.”
“This agreement allows Ford to raise capital that will help fund our product-led
transformation, and at
the same time, allows Ford and Mazda to continue our successful strategic relationship in the best interest of both companies,” said Ford President and CEO Alan
Mulally.
Ford’s sale of the Mazda stock will be achieved through Mazda and a group of Mazda’s strategic business partners each buying a portion
of the shares.
Lennart Pettersson
Stockholm
"First they ignore you, then they ridicule you, then they fight you, then you win."
- Mahatma Gandhi
Mazda bekräftar att Ford säljer 20 procent av aktierna i bolaget. Ford är dock fortsatt största aktieägare med drygt 13 procent av aktierna. De
"strategiska banden" mellan bolagen kommer att finnas kvar.
Aktierna kommer att köpas av Sumitomo, Itochu och fem andra icke-livförsäkringsbolag. Denso
som tillhandahåller delar till
Mazda kommer också att köpa aktier.
Även Mazda planerar att återköpa aktier
Ford har en ägarandel i Mazda
om 33,4 procent och försäljningen skulle Ford ha kvar en ägarandel om
