Brief: Japan's JTEKT Corp: To Sell Auto Component Manufacturing Business For European Automakers, Including Seven Subsidiaries In France, Czech, Morocco, Belgium And USA
27/02/2026 06:14
Feb 27 (Reuters) - Jtekt Corp 6473.T: JTEKT CORP - TO SELL AUTO BUSINESS FOR EUROPEAN AUTOMAKERS, INCLUDING ALL SHARES OF SEVEN SUBSIDIARIES ENGAGED IN MANUFACTURE AND SALE OF AUTO COMPONENTS IN FRANCE, CZECH, MOROCCO, BELGIUM AND USA JAPAN'S JTEKT CORP - REACHED BASIC AGREEMENT WITH DUBAG INVESTMENT ADVISORY'S LEO III.-VV25-A GMBH FOR SALE OF EUROPEAN AUTOMOTIVE BUSINESS JAPAN'S JTEKT CORP - TO EXECUTE SHARE PURCHASE AGREEMENT BY END OF AUGUST 2026, WILL ANNOUNCE FINANCIAL IMPACT ONCE DETAILS ARE FINALISED Source text: ID:nTSna8b770 Further company coverage: 6473.T (Reporting by Kantaro Komiya) ((Kantaro.Komiya@thomsonreuters.com;))
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Brief: Japan's JTEKT Corp: To Sell Auto Component Manufacturing Business For European Automakers, Including Seven Subsidiaries In France, Czech, Morocco, Belgium And USA