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France/Japan: Valeo to acquire Niles

Valeo has announced that it has signed an agreement with RHJ International (RHJI) and Nissan whereby it will acquire Niles Co Ltd. Valeo will purchase RHJI's 77.9% stake in Niles Co Ltd for a total cash consideration of ¥15.5bn (US$187m), subject to closing adjustments. The transaction values Niles at a Subscribe to Automotive World to … Continued

Valeo has announced that it has signed an agreement with RHJ International (RHJI) and Nissan whereby it will acquire Niles Co Ltd. Valeo will purchase RHJI's 77.9% stake in Niles Co Ltd for a total cash consideration of ¥15.5bn (US$187m), subject to closing adjustments. The transaction values Niles at a

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https://www.automotiveworld.com/articles/85997-france-japan-valeo-to-acquire-niles/

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