Deals of the day-Mergers and acquisitions
STLA•Stellantis agrees to sell Free2move
Stellantis has agreed to sell its Free2move car-sharing unit to German investment company Mutares, the automaker said, as CEO Antonio Filosa continues efforts to sharpen the group's focus on its core vehicle production.
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Sanlorenzo backs offer for Italian Sea Group
Italian luxury yacht maker Sanlorenzo said on Monday it has backed a consortium's offer to acquire the entire business undertaking of peer the Italian Sea Group, which is undergoing insolvency proceedings, and plans to take a minority stake in the bidding vehicle.
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