Faurecia wins bidding tussle over auto lights maker Hella

FRANKFURT — French car parts suppliers Faurecia on Saturday agreed to acquire a majority stake in German automotive lighting group Hella, trumping rival bidders, and will make a public tender offer for the remaining shares. Faurecia struck the deal with a pool of family-related shareholders over their 60% stake for 60 euros ($70.75) per share […]
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