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JOINT VENTURE: Adient modifies divestment agreement with Chinese partner Yanfeng Automotive

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Acquisition, divestment & Spinoff

US-based automotive supplier will get USD369 million for selling its 30% equity in YFAI

Adient has agreed to modify its previously announced definitive agreement with Yanfeng Automotive Trim System for the sale of its 30% stake in YAFAI, the company said in a press release on 24 June.

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