Mahle and Hella are selling their respective 50-per-cent stakes in the Behr-Hella Thermocontrol (BHTC) joint venture to AUO Corporation. The total purchase price is based on an enterprise value of €600m, and the transaction is currently still subject to approval by authorities—closing is expected to take place by mid-2024.Founded in 1996, Taiwan-based AUO’s global team…
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