Jabil announces definitive agreement to divest mobility business for $2.2 billion

St. petersburg, fla.--(business wire)--jabil inc. (nyse: jbl) today announced the signing of a definitive agreement to divest its mobility business to byd electronic (international) company limited (“byde”) in a cash transaction valued at $2.2 billion. the definitive agreement follows a preliminary agreement announced by the two companies on august 27, 2023. under the agreement, jabil's mobility business, which manufactures components for consumer electronics, will transfer to byde. the busines.
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