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* Intends to list its common stock under the symbol "RMYI"
* Says JP Morgan, BofA Merrill Lynch, UBS investment bank
underwriters of the IPO
* May use a portion of proceeds to reduce debt, acquire
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March 25 Auto parts maker Remy International Inc
has filed for an initial public offering of $100 million and
intends to list its common stock under the symbol "RMYI".
The company, which sells starter motors, alternators, hybrid
electric motors etc under Delco Remy, Remy and World Wide
Automotive brand names, plans to use portions of the proceeds to
reduce debt, acquires businesses and expand geographically.
Remy, with operations in North America, Europe, Latin
America and Asia-Pacific, said JP Morgan, BofA Merrill Lynch and
UBS investment bank will act as underwriters of the IPO.
(Reporting by Rachel Chitra in Bangalore; Editing by Joyjeet