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VW Ordered to Sell $3.8 Billion Suzuki Stake as Tie-Up Ends

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By Ma Jie, Chris Reiter and Yuki Hagiwara

August 30, 2015 at 7:18 AM UTC

Updated on

August 30, 2015 at 9:49 AM UTC

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Volkswagen AG will sell a Suzuki Motor Corp. stake valued at about 463 billion yen ($3.8 billion) following a decision from arbitrators that ended a four-year dispute over a failed partnership.

VW will sell its 19.9 percent holding after the arbitrators upheld the Japanese automaker’s request to end the cooperation, the companies said in separate statements on Sunday. The value of the stake, which VW bought from Suzuki in 2010 for 222.5 billion yen, is based on Friday’s closing price.