Faurecia Buys Hella Stake, Bids for Rest in $8 Billion Deal

By Yueqi Yang on August 15, 2021

https://www.bloomberg.com/news/articles/2021-08-14/faurecia-to-pay-eu60-share-plus-eu0-96-dividend-for-hella-stake
Faurecia SE agreed to buy a majority stake in German automotive supplier Hella GmbH & Co. and offered to acquire the rest in an $8 billion deal, beating out rival bidders from the European car-parts industry.

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Yueqi Yang

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