KARIYA, Japan Bosch Group has informed DENSO that it is selling its DENSO stock.
According to the company, the sale of DENSO stock represents the dissolution of capital relations and has no effect or impact on the collaborative tie-ups in technologies or joint ventures between both companies, which have continued since a “License agreement” concluded in 1953.
The two companies will continue to work together within the framework of existing partnerships and alliances, according to DENSO.