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KKR’s Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion

Japan’s Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier.

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