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BYD Electronics entered into an acquisition framework agreement with Jabil to acquire 100% of Juno Newco Target Company for approximately RMB 15.8 billion. The acquisition includes manufacturing operations in Chengdu and Wuxi.
“BYD Electronics has revealed a strategic move by entering into an acquisition framework agreement with independent third-party Jabil.”trendforce.com
Summarized from public sources; check the original articles before acting on it.