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Hella mulls sale of driver-assistance software unit

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Acquisition, divestment & Spinoff

The German supplier is working with its advisors to gauge interest in the business

Hella is planning to sell its driver-assistance software unit, Bloomberg reported on 27 August, citing people familiar with the development. The German supplier is working with its advisors to gauge interest in the business, which could fetch several hundred million euros, the people told Bloomberg, requesting not to be identified because information is private.

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