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Fiat Chrysler Automobiles completed the sale of its car parts corporation Magneti Marelli to CK Holdings (part of Calsonic Kansei Corporation) for $6.5 billion. The combined business will operate as Magneti Marelli CK Holdings Co. Ltd.
“Fiat Chrysler Automobiles (FCA) has approved the sale of its car parts corporation Magneti Marelli to Japanese firm CK Holdings.”carandbike.com
Summarized from public sources; check the original articles before acting on it.