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ISUZU MOTORS LTD to Acquire Stake in Isuzu Truck South Africa (Pty) Limited from Subsidiary of General Motors Co


Wednesday, 16 Oct 2013 08:00pm EDT 

ISUZU MOTORS LTD announced that it has decided to increase its stake in Isuzu Truck South Africa (Pty) Limited (ITSA). ITSA is currently owned by ISUZU and GM South Africa (a 100% subsidiary of General Motors Co) each holding 50% share, but ISUZU will purchase shares from GM South Africa where the ownership will be increased to 70%. The transaction amount is not disclosed. 

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