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JTEKT to divest European automotive business to DUBAG-advised entity
JTEKT Corporation (JTEKT) has reached a basic agreement with LEO III.-VV25-A GmbH, an entity advised by Munich-based DUBAG Investment Advisory GmbH, to divest its automotive business serving European OEMs.
The transaction includes the transfer of all shares in seven consolidated subsidiaries engaged in the production....
The transaction includes the transfer of all shares in seven consolidated subsidiaries engaged in the production....
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