Announced
Synopsis
Stellantis, a multinational automotive manufacturing corporation, agreed to acquire a 70% stake in DPaschoal, e-commerce platform. Financial terms were not disclosed. The automaker, which had focused on selling auto parts to its own stores in Brazil, will expand its presence in Latin America's largest economy with the acquisition. DPaschoal's has 123 stores and employs 2.8k people in the country.
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