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Adient, Yanfeng to restructure existing JV relationships
Adient announced it has entered into an agreement with Yanfeng Automotive Trim Systems Co., Ltd. to make certain changes to their existing joint venture relationships. Adient has agreed to sell its 30% ownership stake in Yanfeng Global Automotive Interior Systems Co., Ltd. (YFAI) to Yanfeng for USD 379 million. Adien....
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