Nanterre, 3 August 2022 Total number of voting rights and shares forming the share capital (Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total number of voting rights (theoretical) (1) 31 July 2022 197,089,340 199,384,558 (1) In accordance with the provisions of Arti
Nanterre (France), July 28th, 2022 HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023 HELLA, company of the FORVIA Group, announced today that it has agreed the sale of its 33.33% stake in HBPO to its co-shareholder, Plastic Omnium. The agreed purchase price is c. €290 million, and the transaction is subject to customary regulatory approvals, with a closing expecte
(Reuters) -Forvia, the European car parts maker born from Faurecia's takeover of German rival Hella, on Monday fell short of earnings expectations but beat sales estimates in the first half of the year. Faurecia sealed its takeover of German automotive lighting group Hella in January. Chief Financial Officer Olivier Durand said Forvia had stopped activities at most of its Russian sites, booking 87 million euros ($89 million) of related one-off costs in the first six months of 2022.