BUSINESS

Ford’s stake in Automobile Craiova up at 97.07% in takeover offer

US automaker Ford Motor Company, the majority shareholder of Romania’s auto assembly plant Automobile Craiova, bought a 0.34% stake in the plant following the takeover offer, hiking its stake at 97.07%, and will start the delisting procedures, Mediafax informs. Between July 22 and August 11, the company developed a takeover…...

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