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JTEKT to transfer needle roller bearing business in Europe

JTEKT Corporation (JTEKT) announced that it has concluded a basic agreement with AEQH32 GmbH, a subsidiary of the German investment company, AEQUITA SE & Co. KGaA, for business transferring of JTEKT’s needle roller bearing (NRB). The transfer is a part of the restructuring of JTEKT’s global framework, which includes ....

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