PARIS, FRANCE: Air Liquide and Faurecia signed a joint development agreement to design and produce on-board liquid hydrogen storage systems for the heavy-duty trucks (automotive industry). Through this technology partnership, the two companies will accelerate the deployment of zero-emission heavy-duty mobility. Particularly well-suited for long-haul applications, liquid hydrogen storage for fuel cell vehicles has a…
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Faurecia offers €60/share in cash for Hella public takeover
PARIS, FRANCE: Faurecia, with its wholly owned subsidiary Faurecia Participations GmbH as bidding entity, today published the offer document for its voluntary public takeover offer in cash for all outstanding shares of Hella, a major automotive player in lighting and electronics based in Lippstadt, Germany. The offer price is €60.0 per share in cash. This…