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Leoni AG signs agreement to sell Automotive Cable Solutions to Stark Corporation · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

May 23, 2022ACQUISITIONGermany

Leoni AG signs agreement to sell Automotive Cable Solutions to Stark Corporation

Leoni AG signed an agreement to sell its Business Group Automotive Cable Solutions to Stark Corporation Public Company Limited for an enterprise value of €560 million.

Status

Announced

Productsautomotive cable solutions

CompaniesLeoni target Stark Corporation Public Company Limited acquirer

Sectors#Automotive Components

“Leoni AG today signed an agreement with Stark Corporation Public Company Limited, a wire and cable supplier headquartered in Bangkok, on the sale of the Business Group Automotive Cable Solutions.”eqs-news.com

1 source
eqs-news.comLeoni AG signs agreement with Stark Corporation Public Company Limited on sale of the Business Group Automotive Cable Solutions belonging to the Wire & Cable Solutions (WCS) Division | Ad-hoc - EQS NewsMay 23, 2022

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

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