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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.

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