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Sweden: Toyota sells off dealerships

By  |  January 20, 2014

Auto maker giant Toyota will reportedly sell several of its dealerships in Sweden to Bilia, the largest car sales chain in Scandinavia.

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    Toyota’s Sweden operations will divest dealerships in Malmö, Trelleborg and Lund, a transaction set to take place on March 1 of this year. The acquisitions remain subject to regulatory approval by the Swedish Competition Authority

    The deal is valued at about $7.4 million.

    Full Content: Wall Street Journal

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