Thursday, February 11, 2016

Suzuki Motor denies report on Toyota tie-up talks



Suzuki Motor firm same on weekday it absolutely was not discussing a tie-up with Toyota Motor firm, denying a Nikkei business daily report that the japanese automakers were exploring a partnership which will embrace a cross-shareholding.

"It isn't true that we've got entered negotiations over a tie-up with Toyota," Japan's fourth-largest manufacturing business same in a very statement.

Shares in Suzuki opened thirteen % higher in early trade, compared with a two.2 % rise within the benchmark Nikkei average.

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