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Tofaş completes acquisition of Stellantis Otomotiv and expands distribution agreement in Türkiye
On April 30, Tofaş completed the acquisition of Stellantis Otomotiv Pazarlama A.Ş. (Stellantis Otomotiv) with a payment of EUR 400 million, subject to standard adjustments. Tofaş will pay further amounts based on 77.5% of the extra free cash flows generated by Stellantis Otomotiv over the next eight years, as outline....
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