JTEKT signs basic agreement to transfer European automotive OEM business to LEO III.-VV25-A GmbH
JTEKT aims to enhance profitability and restructure its European operations through an agreement with the Germany-based investment company
JTEKT Corp. has reached a basic agreement to transfer its European automotive business for original equipment manufacturers to Germany-based investment vehicle, LEO III.-VV25-A GmbH, an entity advised by DUBAG Investment Advisory GmbH.
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