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    SHA0 — Schaeffler AG News Story

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    Brief: Schaeffler Sells Turbocharger Business In China

    Picture of Schaeffler AG logoSchaeffler AG
    04/11/2025 07:33
    Nov 4 (Reuters) - Schaeffler AG SHA0n.DE:

EQS-NEWS: SCHAEFFLER SELLS TURBOCHARGER BUSINESS IN CHINA

BUYER IS A CHINESE SPECIALIST IN TURBOCHARGER TECHNOLOGY

TRANSACTION IS PART OF ANNOUNCED PORTFOLIO STREAMLINING FOLLOWING ACQUISITION OF VITESCO

CLOSING OF TRANSACTION IS EXPECTED IN FIRST HALF OF 2026, SUBJECT TO REGULATORY APPROVALS AND MUTUAL AGREEMENT.

Source text: ID:nEQ4GgQR6a

Further company coverage: SHA0n.DE

 ((frankfurt.newsroom@thomsonreuters.com;))

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