Announced
Financials
Sources
Tags
Majority
Pending
Acquisition
Private
Germany
Friendly
automotive cockpits
Auto Parts
Single Bidder
Private Equity
Synopsis
Faurecia, a French car parts group, agreed to acquire the remaining 50% of its joint venture with Continental, a German auto group for €225m ($248m). “SAS has strong growth potential and represents an excellent opportunity for Faurecia strategically and financially,” Patrick Koller, Faurecia Chief Executive.
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