Suppliers

Forvia completes $741M capital increase

Forvia sign
The supplier group Forvia, based outside of Paris, was created after Faurecia's acquisition of Hella, which was completed in January. (FORVIA)
R
By:
Reuters
June 22, 2022 09:10 AM

PARIS -- Supplier Forvia said it increased the company's share capital by around 705 million euros ($740.9 million) and will use the proceeds to fund the acquisition of German peer Hella.

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