06:41 AM EDT, 10/09/2024 (MT Newswires) -- Stellantis ( STLA ) is close to securing Italian government approval to sell a majority stake in robotics firm Comau to One Equity Partners, Reuters reported Wednesday, citing a source close to the matter.

The report added that the government would likely grant conditional approval for the deal, which would see One Equity acquire a 50.1% stake while Stellantis ( STLA ) retains 49.9%.

Stellantis ( STLA ) did not immediately reply 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.)

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