TAIPEI – Prince Motors Co. Ltd. says it will pay NT$200 million ($6.12 million) for a 50% stake in Taiwan Isuzu Motors Co. Ltd. The deal reduces Isuzu Motors Ltd.'s holding in Taiwan Isuzu Motors to 39.5% with Itochu Corp controlling a 10.5% share. The agreement calls for most of Taiwan Isuzu Motors' management positions – including those of chairman, president and plant manager – to be filled by Prince. In announcing the deal, a Prince spokesman says Taiwan Isuzu Motors is targeting a ...
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