Japan: Mazda confirms major equity increase

Mazda has confirmed that its board has authorised the issuance of new shares, a secondary offering of shares and subordinated loan financing, which, in total, could raise up to ¥233bn (US$2.92bn). The company is to draw up a new 'Structural Reform Plan' using SKYACTIV technology as the lynchpin to reinforce the Subscribe to Automotive World … Continued

• By Webmaster
• February 22, 2012