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Nuremberg automotive supplier: Luxshare from Shenzhen acquires 50.1 percent of Leoni

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Published: September 19th, 2024,
Last updated: September 25th, 2024

The Nuremberg-based wiring harness specialist Leoni is selling a majority stake to China. The electronics supplier Luxshare is acquiring 50.1 percent of the shares in the company. According to Luxshare, the purchase price is €320 million. The sale is still subject to antitrust approval.

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