Mitsubishi Buys 40% Stake in Russia’s Rolf Import, Nikkei Says
By Theresa Barraclough
Nov. 7 (Bloomberg) -- Mitsubishi Corp., Japan’s largest trading house, bought a 40 percent stake in Russia’s Rolf Import, Nikkei English News reported, without saying where it obtained the information.
The purchase may cost the company as much as $18 billion, depending on Rolf Import’s earnings, the newspaper said. Rolf, Russia’s largest automobile dealership group, is a distributor of Mitsubishi Motors Corp. cars.
To contact the reporters on this story: Theresa Barraclough in Tokyo at tbarraclough@bloomberg.net.
Last Updated: November 6, 2009 21:28 EST
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