UK/JAPAN: GKN acquires stake in Tochigi Fuji Sangyo (TFS)
GKN has announced the acquisition of a 33.3 percent stake in Tochigi Fuji Sangyo (TFS), a leading Japanese supplier of advanced automotive driveline components, from Nissan and other major shareholders for approximately $39.2 million (JPY 5.1 billion / 27.5 million pounds in cash, or approximately 420 Yen per share).
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable