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Thursday, February 23, 2012

Mazda eyes $2 billion share offering as strong yen bites

Mazda said today it was looking to raise up to 162.8 billion yen ($2 billion) in its second public share offering in 2-1/2 years, underscoring the Japanese automaker's vulnerability to the stubbornly strong yen.


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Mazda eyes $2 billion share offering as strong yen

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