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Mazda to fully own Mexico factory, acquiring shares from Sumitomo
On November 30, Mazda Motor Corporation and Sumitomo Corporation agreed to Mazda acquiring all of Sumitomo’s shares in Mazda de Mexico Vehicle Operation (MMVO), currently hold 75% by Mazda and 25％ by Sumitomo corporation. With the transaction, MMVO will be fully owned by Mazda by the end of the fiscal year ending in ....
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