Tag: $Jabil

Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion

Jabil JBL –0.38% reached an agreement to sell its manufacturing business in China to BYD Electronic 285 0.00% , a subsidiary of Chinese electric-vehicle maker BYD 1211 +0.72% , in a deal valued at about $2.2 billion.