Fiat Chrysler agrees to sell Magneti Marelli to KKR's Calsonic Kansei

Fiat Chrysler agrees to sell Magneti Marelli to KKR's Calsonic Kansei

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Fiat Chrysler is selling its parts unit, Magneti Marelli, to Calsonic Kansei in a $7.1 billion transaction, the two companies said. The new company will be called Magneti Marelli CK Holdings.

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