German Auto Supplier Webasto Seals Restructuring Deal With Banks

Bloomberg•Wednesday, October 22, 2025 at 8:00:00 AM

Webasto, a prominent German auto supplier, has successfully secured unanimous consent from its stakeholders for a significant restructuring deal. This agreement will involve shareholders transferring a large portion of their stock to a trustee, which is a crucial step in stabilizing the company and ensuring its future growth. This move is important not only for Webasto but also for the broader automotive industry, as it reflects ongoing efforts to adapt to changing market conditions.

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