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FCA reaches agreement to sell Teksid cast iron components business to Tupy

On December 20, FCA announced that it has entered into an agreement with Tupy S.A. for the sale of FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A. (“Teksid”). Tupy is a leading player in the cast iron industry specializing in developing and manufacturing....

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