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Bosch offloads Denso stake

Bosch has sold its entire 5.77% stake in Denso, ending its capital involvement that began in the 1950s. Neither supplier has confirmed the price of the stake sale, but it is generally estimated to be worth €1.1bn (US$1.4bn). Denso has stated that the two companies will carry on with their ...

Bosch has sold its entire 5.77% stake in Denso, ending its capital involvement that began in the 1950s. Neither supplier has confirmed the price of the stake sale, but it is generally estimated to be worth €1.1bn (US$1.4bn).

Denso has stated that the two companies will carry on with their current …

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