Brief: Linamar Acquires 3 Battery Enclosures Factories
30/05/2023 21:17
May 30 (Reuters) - Linamar Corp LNR.TO :
* LINAMAR ACQUIRES 3 BATTERY ENCLOSURES FACTORIES
ACCELERATING
ELECTRIFICATION EVOLUTION
* LINAMAR CORP- DEAL FOR A TOTAL OF $325M USD IN ALL-CASH
CONSIDERATION
* LINAMAR CORP- DEAL INCLUDES THREE FACTORY LOCATIONS IN
ALABAMA,
US; CZECHIA; AND NORTH MACEDONIA
* LINAMAR CORP- REACHED A DEFINITIVE AGREEMENT WITH
DURA-SHILOH TO
ACQUIRE ITS BATTERY ENCLOSURES BUSINESS
Source text for Eikon: ID:nCNWHptvTa
Further company coverage: LNR.TO
((Reuters.Briefs@thomsonreuters.com;))