DENSO Corporation today announced that Bosch Group has informed DENSO about their sale of DENSO stock.
This sale of DENSO stock represents the dissolution of capital relations and has no effect or impact on the good and sound collaborative tie-ups in technologies or joint ventures between both companies, which continues since ” License agreement” concluded in 1953.
The two companies will continue to work together within the framework of existing partnerships and alliances. In the future, Bosch and DENSO will continue to examine opportunities for alliances that will allow them to satisfy the requirements of the global automotive industry.
