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JTEKT Corporation signed a definitive agreement to transfer its European automotive business, covering seven manufacturing subsidiaries, to LEO III.-VV25-B SAS, a special purpose entity advised by DUBAG Investment Advisory GmbH. The deal is subject to regulatory approval.
“JTEKT Corporation has signed a definitive agreement to transfer its European automotive business, covering the full shares of seven manufacturing subsidiaries, to LEO III.-VV25-B SAS, a special purpose entity exclusively advised by German investment firm DUBAG Investment Advisory GmbH.”automotiveworld.com
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