Valeo intends to buy out Siemens from Valeo Siemens eAutomotive joint venture

Valeo SA intends to buy out Siemens AG from their electric-car components joint venture Valeo Siemens eAutomotive GmbH. The timing of the purchase is not yet clear.

“Siemens entered this joint venture with the plan to eventually sell and we to buy.”news.bloomberglaw.com

• 1 source
• news.bloomberglaw.comValeo Is Ready to Buy Out Siemens From EV Parts Venture (1)Tara Patel, Elisabeth BehrmannSep 17, 2021

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