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Tesla Acquires German Tech Firm Manz Assets Amid Insolvency
Summary
Tesla Automation GmbH (NASDAQ: TSLA) has reached an agreement to acquire Manz AG's Reutlingen facility, including over 300 employees. This deal, pending approval from the German Federal Cartel Office, marks a significant move as Manz AG enters insolvency proceedings.
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Read Full ArticleArticle published on February 25, 2025 by benzinga