01/10/2018 06:02:06

FAURECIA COMPLETES PURCHASE OF PARROT FAURECIA AUTOMOTIVE

Related content
15 Oct - 
Faurecia appoints a new Board member
11 Oct - 
FAURECIA : STRONG SALES GROWTH OF 8.3%** AND ROBUST OUT..
18 Sep - 
Delphix Adds Penny Herscher to Board of Directors

Nanterre (France), October 1, 2018

                                                                    

FAURECIA COMPLETES PURCHASE OF PARROT FAURECIA AUTOMOTIVE

Faurecia today announced that it had completed the acquisition of 100% of Parrot Faurecia Automotive.

The deal follows the announcement of an agreement between Parrot and Faurecia on July 5 this year regarding Faurecia's proposal to acquire 100% of Parrot Faurecia Automotive.

The transaction is based on an enterprise value of € 100 million, identical to that used when Faurecia entered into the capital of Parrot Automotive in 2017.

Contacts

Media

Eric Fohlen-Weill

Directeur de la Communication

Tel : +33 (0) 1 72 36 72

Eric.fohlen-weill@faurecia.com

Analystes/Investisseurs

Marc Maillet

Vice-président Relations investisseurs

Tel : +33 (0)1 72 36 75 70

marc.maillet@faurecia.com

About Faurecia

Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia has focused its technology strategy on providing solutions for smart life on board and sustainable mobility.  In 2017, the Group posted total sales of €20.2 billion and value-added sales of €17.0 billion. Faurecia is listed on the Euronext Paris stock exchange and is a component of the CAC Next 20 index. For more information, please visit www.faurecia.com

PDF VERSION


This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: FAURECIA via Globenewswire

Attachment: PDF VERSION.pdf

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Publicis Groupe: Third Quarter 2018 Revenue
2
Nexus Energy Services, Inc. Corporate Update
3
Spectrum ASA: Purchase of Shares
4
Total Voting Rights
5
Premier explores Bermuda economic synergies with Florida in Miami talks with region’s business leaders

Related stock quotes

Faurecia 42.72 -2.3% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 October 2018 21:49:07
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181005.3 - EUROWEB6 - 2018-10-18 22:49:07 - 2018-10-18 21:49:07 - 1000 - Website: OKAY