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Japan

Astemo becomes consolidated subsidiary of Honda as share transfer is completed

On October 1, Astemo, Ltd. announced the completion of Honda Motor Co., Ltd.’s acquisition of a 21% stake in Astemo from Hitachi, Ltd. As a result, Astemo has become a consolidated subsidiary of Honda.
Following the share transfer, Honda holds a 61.0% stake in Astemo, JICC-01 Investment Limited Liability Partnership,....

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