Auto, Truck & Motorcycle Parts

Page 3

Shanghai Beite Technology to acquire land

Wednesday, 17 Sep 2014 08:00pm EDT

Shanghai Beite Technology Co Ltd:To acquire a plot of land measured 58,854.6 square meters in Jiading District, Shanghai City.Transaction price is 44.15 mln yuan.

TRW to be acquired by ZF Friedrichshafen

Monday, 15 Sep 2014 09:17am EDT

TRW Automotive Holdings Corp:Enters into definitive agreement with ZF Friedrichshafen AG (ZF) under which ZF will acquire all outstanding shares of TRW for $105.60 per share in an all-cash transaction valued at about $13.5 bln on an enterprise value basis.Acquisition price represents of about 16 pct and 15 pct over TRW's undisturbed closing stock price of $91.40 on July 9, and all-time undisturbed high price of $91.62 on July 7, respectively, and 7.6x multiple of TRW's adjusted EBITDA for the 12 months ended June 27.Agreement has been unanimously approved by TRW's Board of Directors and ZF's Supervisory Board and Management Board.

TRW to be acquired by ZF Friedrichshafen

Monday, 15 Sep 2014 09:17am EDT

TRW Automotive Holdings Corp:Enters into definitive agreement with ZF Friedrichshafen AG (ZF) under which ZF will acquire all outstanding shares of TRW for $105.60 per share in an all-cash transaction valued at about $13.5 bln on an enterprise value basis.Acquisition price represents of about 16 pct and 15 pct over TRW's undisturbed closing stock price of $91.40 on July 9, and all-time undisturbed high price of $91.62 on July 7, respectively, and 7.6x multiple of TRW's adjusted EBITDA for the 12 months ended June 27.Agreement has been unanimously approved by TRW's Board of Directors and ZF's Supervisory Board and Management Board.

Shanghai Beite Technology Co Ltd to acquire land and build plant

Wednesday, 10 Sep 2014 08:00pm EDT

Shanghai Beite Technology Co Ltd:To invest 119 mln yuan in total to acquire land and build plant for production expansion.

China Yuchai International Ltd announces completes acquisition of Yuchai Remanufacturing Services (Suzhou) Co., Ltd

Wednesday, 10 Sep 2014 06:01am EDT

China Yuchai International Ltd:Guangxi Yuchai Machinery Company Ltd (GYMCL) subsidiary, has completed acquisition of 100 pct equity interest in Yuchai Remanufacturing Services (Suzhou) Co., Ltd (YRC).Pursuant to an equity transfer agreement entered into between Caterpillar (China) Investment Co., Ltd. and subsidiary former transferred its entire 49 pct equity ownership in YRC to latter resulting in YRC becoming wholly-owned subsidiary of GYMCL.

NGK Insulators Ltd to fully acquire Nippon Steel & Sumikin Electronics Devices Inc. from NIPPON STEEL & SUMITOMO METAL CORPORATION

Wednesday, 3 Sep 2014 03:00am EDT

NGK Insulators Ltd:To fully acquire Nippon Steel & Sumikin Electronics Devices Inc. from NIPPON STEEL & SUMITOMO METAL CORPORATION on Jan. 5, 2015.No further details disclosed.

Hyundai Wia amends the merger with HYUNDAI WISCO and HYUNDAI METIA

Monday, 1 Sep 2014 03:32am EDT

Hyundai Wia:To merge with HYUNDAI WISCO and HYUNDAI METIA, to improve operating efficiency and competitiveness.HYUNDAI WISCO engages in auto parts forging products manufacturing and HYUNDAI METIA engages in pig iron casting.Merger ratio is 1:1.5294722:0.1824270 between the company, HYUNDAI WISCO and HYUNDAI METIA.1,464,964 new shares will be issued for this merger and expect to be listed on Nov. 14.Merger effective date is Nov. 1.After the merger, the company will survive, HYUNDAI WISCO and HYUNDAI METIA will be dissolved.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: Thomson Reuters StreetEvents
$39.00
Provider: Zacks Investment Research Inc.
$10.00
Provider: John Keells Stock Brokers (Pvt) Limited
$10.00
Provider: GlobalData
$125.00
Provider: SADIF-Investment Analytics, S.A.
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.