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Adient to end JV agreement with Yanfeng in USD 1.5 billion deal
Adient announced that as part of its strategic transformation in China, it has entered into definitive agreements with joint venture partner Yanfeng Automotive Trim Systems Ltd. (YF) to end its Yanfeng Adient Seating Co., Ltd. (YFAS) joint venture in China. Under the agreements, Adient will sell its 49.99% interest i....
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