Delphi Sheds Akebono Shares, Toyota Steps Up to the Plate, an Advisory from Industrialinfo.com
HOUSTON--July 15, 2005--Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Financially-strapped Delphi Corporation (Troy, Michigan) has announced that it has sold the 5.5 million shares (5.9%) it held in Akebono Brake Industry Company Limited (Tokyo:JP:7238) (Tokyo, Japan) for $33 million, as part of its restructuring strategy.For details, view the entire article by subscribing to Industrialinfo.com's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=65303, or browse other breaking industry news stories at www.industrialinfo.com.
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