Faurecia to secure 79.5% of HELLA upon completion of takeover

Acquisition, divestment & Spinoff

Faurecia to implement strategy and growth plans for accelerating value creation from day 1 after takeover

Faurecia will hold 79.5% of the shares in Hella upon completion of the takeover, it said in a press release on 16 November. The deal translates into an investment of almost USD6 billion (EUR5.3 billion) that allows Faurecia to attain financial flexibility.

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