After unloading its entire share in Fuji Heavy Industries Ltd. last year, General Motors Corp. is selling its 17.4% stake in Suzuki Motor Corp. GM will retain a 3% share of Suzuki, the same level it had before 1998. Suzuki will purchase the shares March 7 in Tokyo at Monday’s closing price of ¥2,490 ($21.20). The sale of the shares back to Suzuki will give GM about $2 billion toward its corporate turnaround plan. GM will receive pre-tax profits of $550 million-$750 million from the ...
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