Valeo says aims to sell assets in second half

Newswire

PARIS, July 27 (Reuters) - French car parts maker Valeo said on Friday it was aiming to sell businesses with 600 million euros ($823.6 million) worth of sales in the second half. "We will sell businesses in the second half with sales of 600 million euros," Chief Executive Thierry Morin told reporters at a news conference for Valeo's first-half results. He added that Valeo would meet major shareholder Pardus next week as part of an investor roadshow. U.S. hedge fund Pardus wants Valeo to ...

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