FRANCE: Valeo - Acquisition of Labinal's Automotive Business
Valeo (Paris: FR; OTC: VLEEY) Meeting on September 6, the Board of Directors of Labinal agreed, in accordance with the existing agreements between Valeo and SNECMA, to sell to Valeo all shares held by Labinal in Sylea, that is 52.89% of its capital. The delivery and settlement of the shares took place the same day.
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