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Thailand

GKN and JTEKT dissolve joint agreement in Thailand

GKN plc announced the dissolution of its Driveline joint arrangements with JTEKT Corporation in Thailand. GKN and JTEKT have concluded a Share Exchange Agreement under which GKN has acquired JTEKT`s 49% shareholding in GKN Driveline JTEKT Manufacturing Limited (GTM), and transferred to JTEKT its 49% shareholding in G....

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