Isuzu denies plan for purchase of stake in it

Gasgoo From Reuters

Reuters (Tokyo) - Japanese truck maker Isuzu Motors Ltd on Thursday denied that there were plans for another company to buy a stake in it, after a report in German magazine Manager Magazin that the Volkswagen (VOWG_p.DE) group was looking into a purchase of a stake.

"There was a report concerning plans for our stock to be acquired by another company, but there is no truth to that," Isuzu said in a statement.

Volkswagen on Thursday said a decision on a possible stake in Isuzu was currently not on the agenda.

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