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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Adient modifies divestment agreement with Yanfeng Automotive for 30% stake in YFAI · Endata

◂ Announcements

Jun 24, 2020ACQUISITION

Adient modifies divestment agreement with Yanfeng Automotive for 30% stake in YFAI

Adient has agreed to modify its definitive agreement with Yanfeng Automotive Trim System to sell its 30% stake in YFAI for USD 369 million.

Value

$369.0M

Status

Announced

Productsautomotive interior components

CompaniesAdient target Yanfeng Automotive Trim System acquirer

Sectors#Automotive Components

“Adient has agreed to modify its previously announced definitive agreement with Yanfeng Automotive Trim System for the sale of its 30% stake in YAFAI.”autotechinsight.spglobal.com

1 source
autotechinsight.spglobal.comJOINT VENTURE: Adient modifies divestment agreement with Chinese partner Yanfeng Automotive - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 25, 2020

Summarized from public sources; check the original articles before acting on it.

More from Adient

Aug 21, 2020ACQUISITIONUnited States$309.0M
Adient closes sale of 30% stake in YFAI to Yanfeng for US$309M
Adient Yanfeng Automotive Trim Systems acquirer prnewswire.com
May 16, 2020PARTNERSHIP
Boeing and Adient form joint venture Adient Aerospace for aircraft seats
Adient Aerospace Boeing partner manufacturingdigital.com
Mar 5, 2020ACQUISITIONGreenville, United States$175.0M-1,300 jobs
Adient to sell fabrics business to Sage Automotive Interiors for $175M
Adient Asahi Kasei investor adient.com textileworld.com nonwovensnews.com
Mar 3, 2020ACQUISITIONEastern Seaboard, Thailand, Thailand230 jobs
Supreme Nonwovens acquires Futuris automotive interior trims business in Thailand
Adient partner Futuris Automotive target nonwovens-industry.com
Feb 3, 2020ACQUISITION
Yanfeng to acquire Adient stake in interiors JV
Yanfeng Group acquirer Adient target plasticsnews.com
Feb 1, 2020ACQUISITIONEastern Seaboard, Thailand230 jobs
Supreme Nonwovens Group acquires automotive interior-trim business from Adient subsidiary
Adient partner Futuris Group target clickitnews.co.in auto.economictimes.indiatimes.com alchempro.com

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