Brief: Cooper Standard Agrees To Divest Certain Operations In Europe And India

Cooper-Standard Holdings

08/05/2020 13:34

May 8 (Reuters) - Cooper-Standard Holdings Inc  CPS.N :
    * PRESS RELEASE - COOPER STANDARD AGREES TO DIVEST CERTAIN
OPERATIONS IN EUROPE AND INDIA
    * COOPER-STANDARD HOLDINGS INC - TO DIVEST ITS EUROPEAN
RUBBER
FLUID TRANSFER AND SPECIALTY SEALING BUSINESSES, AS WELL AS ITS
INDIAN OPERATIONS
    * COOPER-STANDARD HOLDINGS INC - TO DIVEST CERTAIN
OPERATIONS IN
EUROPE AND INDIA TO MUTARES SE & CO. KGAA.
    * COOPER-STANDARD HOLDINGS INC - AGREEMENT INCLUDES
APPROXIMATELY
2,500 EMPLOYEES
    * COOPER-STANDARD HOLDINGS INC - AGREEMENT INCLUDE TWO
MANUFACTURING FACILITIES IN POLAND
    * COOPER-STANDARD HOLDINGS - AGREEMENT INCLUDE ONE
MANUFACTURING
FACILITY IN BOTH SPAIN AND ITALY, AND ALL OF OPERATIONS IN INDIA

Source text for Eikon:  ID:nPn3QzHkDa 
Further company coverage:  CPS.N 

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