Brief: Linamar Acquires Partner's Interest In Gf Linamar Joint Venture Casting Facility

Linamar

31/03/2022 20:10

March 31 (Reuters) - Linamar Corp  LNR.TO :
    * LINAMAR ACQUIRES PARTNER'S INTEREST IN GF LINAMAR JOINT
VENTURE
CASTING FACILITY
    * LINAMAR CORP - AGREEMENT WITH GF CASTING SOLUTIONS (GF) TO
ACQUIRE THEIR 50% INTEREST IN THEIR JOINT VENTURE, GF LINAMAR
LLC
    * LINAMAR CORP - FINANCIAL DETAILS OF TRANSACTION WERE NOT
DISCLOSED
    * LINAMAR CORP - GF LINAMAR LLC WILL UNDERGO A REBRANDING
NAME
CHANGE AND BE FULLY INTEGRATED INTO LINAMAR'S MOBILITY SEGMENT
    * LINAMAR CORP - TRANSACTION IS EXPECTED TO BE FULLY FUNDED
WITH A
COMBINATION OF AVAILABLE CASH AND/OR AVAILABLE CREDIT

Source text for Eikon:  urn:newsml:reuters.com:*:nCNWZrSfCa
Further company coverage:  LNR.TO 

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