Faurecia to acquire remaining 50% of SAS joint venture from Continental for €225M

Faurecia signed a MoU to acquire the remaining 50% of its SAS joint venture from Continental for €225 million. The deal is expected to close in early 2020.

“Faurecia today announced that it has signed a Memorandum of Understanding to acquire the remaining 50% of its SAS joint venture from Continental.”forvia.com

• 2 sources
• forvia.comFaurecia to acquire remaining 50% of SAS Joint Venture to expand integration to cover all interior modules | FORVIAOct 14, 2019
• wiwo.deFaurecia will Joint Venture SAS komplett übernehmenReutersOct 14, 2019

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