Valeo does not want to stay in play for long

Newswire

PARIS, May 21 (Reuters) - Valeo executive chairman Thierry Morin said he did not want the French car parts group to remain in play for long and would annouce a firm offer for the group the moment there was one. "We are in talks with several funds, and talks with one fund are more advanced than the others. There are only expressions of interest at the moment and I have said that we need to have a decision within weeks, that the process can be finished in June because it is not good for a ...

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