Faurecia completes takeover of Hella, holding 79.5% stake

Faurecia announced the final results of its voluntary public takeover offer for Hella, holding 79.5% of shares upon completion, representing an investment of €5.3 billion. The transaction is expected to close early 2022.

“Faurecia will hold 79.5% of Hella and will be able to implement strategy for accelerating value creation as from Day 1 after closing.”forvia.com

• 1 source
• forvia.comFinal results of Faurecia takeover offer for Hella | FORVIANov 16, 2022

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