KKR-Backed Calsonic To Buy Fiat Chrysler’s Magneti Marelli Unit For $7.1 Billion
Japanese car parts maker Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler’s high-tech parts-making unit Magneti Marelli unit for 6.2 billion euros ($7.1 billion), the companies said.
Magneti Marelli…