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Sevcon stockholders approve acquisition by Borgwarner

Friday, 22 Sep 2017 04:05pm EDT

Sept 22 (Reuters) - Sevcon Inc :Sevcon stockholders approve acquisition by Borgwarner.Sevcon Inc - ‍Holders of more than 99% of Sevcon's common stock present at meeting voted in favor of approving and adopting merger​.Sevcon Inc - ‍Closing of acquisition with Borgwarner​ is expected to occur on or about September 27, 2017.

Cars Motorcycles And Marine Engines H1 EBITDA up at 1.37 million euros

Friday, 22 Sep 2017 11:02am EDT

Sept 22 (Reuters) - CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY SA ::H1 PROFIT AFTER TAXES EUR 662,066 VERSUS EUR 479,719 YEAR AGO.2017 H1 EBITDA EUR 1.37 MILLION VERSUS EUR 1.23 MILLION YEAR AGO.2017 H1 TURNOVER EUR 28.09 MILLION VERSUS EUR 26.66 MILLION YEAR AGO.

Zhejiang Shuanghuan Driveline offers to buy gear manufacturer for 120 mln euros

Friday, 22 Sep 2017 07:09am EDT

Sept 22 (Reuters) - Zhejiang Shuanghuan Driveline Co Ltd <002472.SZ>:Says it offers to acquire an overseas gear manufacturer for 120 million euros ($143.60 million).

Mahindra CIE Automotive ‍managing director K. Ramaswami to retire

Friday, 22 Sep 2017 03:10am EDT

Sept 22 (Reuters) - Mahindra CIE Automotive Ltd ::Says ‍managing director K. Ramaswami to retire.

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