Veoneer acquires Nissin Kogyo's interests in US VNBS operations

Veoneer signed a binding agreement to acquire Nissin Kogyo's interests in the US operations of their joint venture Veoneer Nissin Brake Systems (VNBS) for one US dollar. The transaction is expected to close on or around June 28, 2019.

“Veoneer will acquire Nissin Kogyo's interests in the US operations of VNBS, referred to as VNBA, for one US dollar.”veoneer.com

• 2 sources
• veoneer.comVeoneer acquires Nissin Kogyo's interests in US VNBS operations | VeoneerJun 17, 2019
• autotechinsight.spglobal.comVeoneer acquires US JV operations of JV with Nissin Kogyo - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 18, 2019

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