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Chinese Luxshare-ICT acquired 50.1% of Leoni AG's Wiring Systems Division from Stefan Pierer, and its subsidiary TIME Interconnect acquired 100% of Leoni's Automotive Cable Solutions business. The deal received regulatory approval.
“Die im September 2024 vereinbarte Partnerschaft zwischen den zwei Leoni-Anteilseignern Luxshare-ICT und Stefan Pierer ist perfekt – nun liegen auch die behördlichen Genehmigungen vor.”drupal-prod.automobilwoche.de
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