Which two automobile companies are going to acquire stake in each other?

  • 1Toyota and Suzuki
  • 2Tata Motors and Hyundai
  • 3Tata Motors and Toyota
  • 4Toyota and Hyundai
Answer:- 1

As part of a capital alliance agreement, Toyota will acquire 2.4 crore shares of common stock in Suzuki (4.94 per cent stake) for 96 billion yen (over Rs 6,510 crore), while Suzuki plans to acquire shares in Toyota equivalent to 48 billion yen (around Rs 3,255 crore).

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