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Plastic Omnium to acquire Faurecia's Automotive Exteriors business
Compagnie Plastic Omnium announced that it has signed a MOU (Memorandum of Understanding) with Faurecia S.A. to acquire its Automotive Exteriors business (bumpers and front-end modules) for an enterprise value of EUR 665 million. The business that would be sold has EUR 2 billion sales in 2014 and employs 7,700 people....
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