Flexible Electronics News

Jabil Enters into Preliminary Agreement Relating to Sale of Mobility Business

Potential transaction is expected to be valued at approximately $2.2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. announced a preliminary agreement with BYD Electronic (International) Company Limited (BYDE) relating to the sale of its Mobility business in a potential transaction expected to be valued at approximately $2.2 billion. “This transformational deal would represent the largest transaction in the history of our company, and I am thrilled to be able to work with a reputable company like BYDE to drive this business successfully forward,” said CEO Kenny Wilson. “If completed, the...

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