Brief: Stanley Electric: Reached Basic Agreement With Mitsubishi Electric Mobility To Establish Lamp System JV For Next-Generation Vehicles
25/11/2024 06:33
Nov 25 (Reuters) - Mitsubishi Electric Corp 6503.T :
* STANLEY ELECTRIC CO LTD - REACHED BASIC AGREEMENT WITH
MITSUBISHI ELECTRIC MOBILITY TO ESTABLISH LAMP SYSTEM JV FOR
NEXT-GENERATION VEHICLES
* STANLEY ELECTRIC- THE JV WITH MITSUBISHI ELECTRIC
MOBILITY IS
EXPECTED TO HAVE STANLEY ELECTRIC AS MAJORITY SHAREHOLDER
Source text: ID:nTSwy80ffd
Further company coverage: 6503.T
(Reporting by Kantaro Komiya)
((Kantaro.Komiya@thomsonreuters.com;))