Veoneer acquires Nissin Kogyo's interests in US operations

Veoneer, Inc. announced that it has signed a binding agreement with Nissin Kogyo, its joint venture partner in Veoneer Nissin Brake Systems (VNBS), providing for certain structural changes to the joint venture and reaching an agreement on the funding of VNBS. Under the agreement Veoneer will acquire Nissin Kogyo’s in....

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