Jabil signs agreement to divest Mobility business to BYD Electronic for $2.2 billion


The transaction is expected to close within the first two quarters of fiscal year 2024

Jabil Inc. announced on September 26 the signing of a definitive agreement to divest its Mobility business to BYD Electronic (International) Co. Ltd. (BYDE) in a cash transaction valued at $2.2 billion.

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