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JTEKT Corporation signed a definitive agreement to transfer its European automotive business, including shares of seven subsidiaries, to LEO III.-VV25-B SAS, advised by DUBAG Investment Advisory GmbH. The transaction is subject to regulatory approvals.
“JTEKT signed a definitive agreement with LEO III.-VV25-B SAS... for the transfer of our automotive business for European OEM.”jtekt.co.jp
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