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

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Source: Barron's
BYD Subsidiary Acquires Jabil's Chinese Manufacturing Business for $2.2 Billion
Photo: Barron's
TL;DR

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.

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