Faurecia wins bidding tussle over auto lights maker Hella
French car parts suppliers Faurecia on Saturday agreed to acquire a majority stake in German automotive lighting group Hella, trumping rival bidders and creating the world’s seventh-largest player in a 6.7 billion euros deal. Faurecia struck the deal with a pool of family-related shareholders over their 60% stake for 60 euros ($70.75) per share and […]
