Market Chatter: Stellantis in Discussions to Buy CLN Plants in Brazil, Poland

MT Newswires Live

Apr 03, 2025

Stellantis N.V (STLA) is in negotiations to buy assets in Brazil and Poland from its supplier CLN-Coils Lamiere Nastri as the Italian car parts manufacturer tries to cut debt, Bloomberg News reported Thursday, citing people familiar with the matter.

The supplier is also assessing the disposal of other assets, the people said.

The sales are expected to help CLN reach an agreement with creditors after getting pushback on an initial proposal to write down 90% of its unsecured loans, according to the report.

Stellantis and CLN did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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