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home / articles / JBL - Jabil Sells Mobility Business To BYD for $2.2B | Benzinga

JBL - Jabil Sells Mobility Business To BYD for $2.2B | Benzinga

Jabil Inc.

Jabil Inc (NYSE: JBL) inked a deal to divest its Mobility business to Chinese EV maker BYD Co., Ltd. (OTC: BYDDY) (OTC: BYDDF) BYD Electronic (International) Company Limited (BYDE) for $2.2 billion. 

As per the agreement, JBL's Mobility business, which manufactures components for consumer electronics, will be transferred to BYDE. The business is mainly located ...

Full story available on Benzinga.com
Stock Information
Company Name: Jabil Inc.
Stock Symbol: JBL
Market: NYSE
Website: jabil.com
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