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MITSUBISHI MOTORS CORP Completes Divestiture of Subsidiary; Expects Extraordinary Loss for Q3 of FY 2013
MITSUBISHI MOTORS CORP announced that it has completed the selling of 550,950 shares (a 100% stake) of Netherlands Car B.V., to VD Leegte Beheer B.V., at the price of EUR 1, on December 14, 2012. The Company is expecting an extraordinary loss of approximately JPY 25.1 billion due to this development, for the third quarter of fiscal year ending March 2013.
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