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PARIS (Reuters) – Stellantis announced on Friday that it had entered into exclusive negotiations with 2L Logistics with a view to acquiring a majority stake in the capital of the automotive logistics specialist.
The operation should enable the Franco-Italian-American automobile manufacturer to strengthen the operational performance of its vehicle distribution and logistics activity after the disruptions linked to the COVID-19 pandemic and the shortage of semiconductors.
Asked about the financial terms of the operation, Stellantis did not wish to comment.
(Written by Blandine Hénault, with Gilles Guillaume, edited by Bertrand Boucey)
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