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AllianceBernstein acquires 6.7% stake in Mazda Motor Corporation

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Old Aug 27, 2011 | 05:05 AM
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JP AllianceBernstein acquires 6.7% stake in Mazda Motor Corporation

http://mdn.mainichi.jp/mdnnews/busin...bu031000c.html


TOKYO (Kyodo) --

Major U.S. investment manager AllianceBernstein L.P. has acquired a 6.72 percent ownership stake in Mazda Motor Corp. for investment purposes, the U.S. firm said in a recent report to the Japanese Financial Services Agency.

AllianceBerstein is likely to have become the largest shareholder in the Japanese automaker.

In the report submitted on Aug. 19, the investment fund said it bought a 6.72 percent stake in Mazda. That exceeds the 6.61 percent shareholding of a different U.S. investment company, Franklin Templeton Investments, which reported its share purchase to the agency in July.

Ford Motor Co., once the largest shareholder in Mazda, lowered its equity stake in the Japanese automaker to about 3.5 percent by November last year.


(Mainichi Japan) August 27, 2011
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Old Aug 27, 2011 | 05:11 AM
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So now the major Mazda shareholder appears to be the French!!..

Or should I say AXA Insurance.
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Old Aug 27, 2011 | 05:59 AM
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Originally Posted by ASH8
So now the major Mazda shareholder appears to be the French!!..

Or should I say AXA Insurance.
AFAIK the main shareholder (after the exit of Ford) is Mitsui-Sumitomo that holds about 9% of shares with three different company affiliates

http://www.mazda.com/investors/stockinfo/situation.html

is true that there are three different stakeholders, but they are strictly linked...

Last edited by MattMPS; Aug 27, 2011 at 06:01 AM.
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Old Aug 27, 2011 | 06:05 AM
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That Mazda info is 5 months old..??
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Old Aug 27, 2011 | 06:07 AM
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Originally Posted by ASH8
That Mazda info is 3 months old..??
this is the latest available, but in effect maybe i'm wrong, obiouvesly some stakeholder have selled stakes to AB, NOW AB is the main S.H.
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Old Aug 27, 2011 | 01:25 PM
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so does that mean We will never see the next rotary? cuz honestly that's all I cared about
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Old Aug 27, 2011 | 02:51 PM
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Japanese car with a French influence. Hell, i'd invest in mazda, move to japan and leak pictures to RX7/8 forums
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Old Aug 27, 2011 | 03:00 PM
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I hope not...since when have the mainstream French made a Great Car....pause...thinking...pause...thinking
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Old Aug 28, 2011 | 02:56 AM
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Hmmmm...French...i love french fries though. Anyway, at least, someone is still interested with Mazda.
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Old Aug 28, 2011 | 11:22 AM
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Originally Posted by monchie
Hmmmm...French...i love french fries though. Anyway, at least, someone is still interested with Mazda.
French Frys are not French. They got their name by the cooking process called frenching.

As long as people see the value in Mazda (as long as they don't buy a majority stake) can only be a good thing. It should help fund R&D projects, like the next rotary engine.
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Old Aug 28, 2011 | 01:03 PM
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Originally Posted by alnielsen
French Frys are not French. They got their name by the cooking process called frenching.
rofl pwned.

As long as people see the value in Mazda (as long as they don't buy a majority stake) can only be a good thing. It should help fund R&D projects, like the next rotary engine.
Ford ?

it's good someone is buying Mazda's stock. hmm, Let's just hope that SkyActiv will sell like hot cakes
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Old Aug 28, 2011 | 02:50 PM
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IMO, Renault has been a good influence on Nissan. I think that when they seized control in '99 the sportiest car Nissan sold in the US was the Maxima.
Obviously not completely analogous, as Renault bought a larger share and installed their own CEO. However, Mazda has trouble marketing their cars in the US. Who knows better how to market to Americans than the French? They can sell people canvas handbags for $2k.
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Old Aug 28, 2011 | 04:48 PM
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Originally Posted by alnielsen
French Frys are not French. They got their name by the cooking process called frenching.
Originally Posted by nycgps
rofl pwned.
It is a common mistake. Hence the reason we had the term Freedom Fries a few years ago, when being French was out of fashion in the US.
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Old Aug 28, 2011 | 05:01 PM
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also its unlikely that 'French fried' refers to 'frenching' in the sense of "julienning", which is not attested until after 'French fried potatoes' previously, Frenching referred only to trimming the meat off the shanks of chops

Last edited by Speed_8; Aug 28, 2011 at 05:15 PM.
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Old Aug 28, 2011 | 05:26 PM
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OK, now that we got the cooking portion out of the way, lets return to discussing the trading of Mazda stock and it's affects.
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