Faurecia to acquire Hella, creating #7 global automotive supplier; a focus on electromobility, including hydrogen

Green Car Congress
By mmillikinAug 27, 2021, 5:30 am626 ptsTrendingTop
Faurecia, one of the world’s leading automotive technology companies, recently reached an agreement with Hella to launch a public tender cash offer for all Hella shares at a price of €60 per share. The transaction represents an estimated total enterprise value of €6.7 billion (US$7.9 billion) for 100% of…

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