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A&O, Sullivan Drive Auto Parts Maker's €3.6B Bid For Rival

By Najiyya Budaly ( October 9, 2023, 12:17 PM BST) -- German auto parts maker Schaeffler AG said Monday that it has made an offer for Vitesco that values the drive chain manufacturer at €3.6 billion ($3.8 billion), as the Schaeffler family seeks to increase its holding and prompt a merger....

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