Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a p...
The Ford logo is seen at the Ford oldest Brazil plant after company announced its closure in Sao Bernardo do Campo, Brazil February 21, 2019. REUTERS/Amanda Perobelli
Ford in February announced it would shut down the plant, its oldest one in the country, amid a global restructuring plan, costing 3,000 jobs. Reuters reported CAOA’s interest in the factory last month, but at the time there were up to three different companies interested in buying it up.
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