Brief: Mutares Agreed To Buy Sealing And Fluid Businesses From Cooper Standard
08/05/2020 13:28
May 8 (Reuters) - MUTARES AG MUXG.DE :
* STRIKES FOR ANOTHER RECORD YEAR AND SIGNED A TRANSACTION
TO
ACQUIRE CERTAIN SEALING AND FLUID BUSINESSES FROM COOPER
STANDARD
* SIGNED AN AGREEMENT ON ACQUISITION OF CERTAIN OPERATIONS
FROM
COOPER STANDARD IN POLAND, ITALY, SPAIN AND INDIA INCLUDING
APPROXIMATELY 2,500 EMPLOYEES.
* TRANSACTION IS STILL SUBJECT TO CONSENT OF ANTI-TRUST AND
IS
EXPECTED TO CLOSE IN Q2, 2020
Source text for Eikon: ID:nEQ2pzmvKa
Further company coverage: MUXG.DE
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