Jabil announces $2.2bn deal to sell mobility business to BYD Electronics
Jabil Inc. (NYSE: JBL), a US-based manufacturing solutions provider, has announced a preliminary agreement with China-based BYD Electronic (International) Company Limited (“BYDE”). This potential deal concerns the sale of Jabil’s Mobility business and is expected to be valued at a groundbreaking $2.2 billion. According to CEO Kenny Wilson, this is set to be the “largest […]