Veoneer completes divestiture of Brake system joint venture in Japan and China
Veoneer informed that it has completed the sale of its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture partner Nissin-Kogyo Co., Ltd. and Honda Motor Co., Ltd. The aggregate purchase price is approximately USD 176 million. This di....
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