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BorgWarner completes acquisition on 89% shares of Akasol AG, Germany

Akasol AG announced that its shareholders have accepted the voluntary public takeover offer by ABBA BidCo AG, a subsidiary of BorgWarner Inc., after the extended acceptance period expired with an acceptance rate of 89.08% of the Akasol shares outstanding. The minimum acceptance threshold of 50% plus one share was thu....

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