Daido Steel asks Suzuki to take stake

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, May 8, 2007.

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  1. ChevyFan

    ChevyFan Administrator Staff Member 1000 Posts

    TOKYO (Reuters) -- Daido Steel Co. said today it had asked Suzuki Motor Corp. to take a stake in it as a strategic shareholder, highlighting top Japanese steel makers' growing fear of unsolicited takeover bids. Daido also said Honda Motor Co.


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