FilingReader Intelligence
Teijin sells North American automotive business to Aurelius
March 31, 2025 at 12:08 PM UTC•By FilingReader AI
Teijin Limited (TSE:3401) announced the sale of its wholly-owned subsidiary, Teijin Automotive Technologies NA Holdings Corp. (TAT), to Stork BidCo Inc., a special purpose company under AURELIUS Private Equity Mid-Market Buyout. The decision, made at a board meeting on March 31, 2025, aligns with Teijin's strategic shift to optimize its business portfolio, as outlined in its Medium-Term Management Plan 2024-2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:3401•Tokyo Stock Exchange
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