BYD Subsidiary Acquires Jabil's Chinese Manufacturing Business for $2.2 Billion

TL;DR Summary
Jabil has agreed to sell its manufacturing business in China to BYD Electronic, a subsidiary of Chinese electric-vehicle maker BYD, for approximately $2.2 billion.
- Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion Barron's
- Chinese carmaker BYD to buy US firm Jabil's mobility business for $2.2 bln Reuters
- BYD unit buys US firm Jabil's mobile parts business in China for $2.2 billion Yahoo Finance
- BYD Electronic Plans Acquisition Worth Nearly $2.2 Billion The Wall Street Journal
- Jabil (NYSE:JBL) Divests China Mobility Unit; Focuses on High-Growth Areas - TipRanks.com TipRanks
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
62%
63 → 24 words
Want the full story? Read the original article
Read on Barron's