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Valeo to hold 100% of Valeo Siemens eAutomotive
Valeo Group announced that it has signed an agreement with Siemens to acquire Siemens’ 50% stake in Valeo Siemens eAutomotive. After July 1, 2022, 100% of Valeo Siemens eAutomotive will be integrated within Valeo’s Powertrain Systems Business Group. This will account for cash amount of EUR 277 million on a debt-free ....
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