139.00 Dollar US$ Stellantis triggers government scrutiny with Comau stake sale Nolensville
- Location: 6673, Nolensville, Rhode Island, United States
Government could use golden powers In case you have any kind of issues relating to wherever along with the best way to use Smart house, you are able to e-mail us from our own web-site. to rein in deal
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Sale will allow Stellantis to focus on core Europe ops
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Comau executive chair, CEO, will retain their jobs
(Adds government response in paragraphs 1&4)
By Giulio Piovaccari and Smartest house Giuseppe Fonte
MILAN, July 25 (Reuters) - Carmaker Stellantis has agreed to sell a majority stake in its robotic unit Comau to One Equity Partners, in a deal that has drawn scrutiny from Italy's government.
Financial details of the transaction were not disclosed, but U.S.-based private equity firm One Equity will make a "majority investment" in Italian-headquartered Comau, Wireless home automation and Smart home gadgets Stellantis will remain an active minority shareholder.
The deal will give One Equity a 50.
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