Auto, Truck & Motorcycle Parts
Tus International Ltd <0872.HK> : Sunny voyage, a direct wholly-owned subsidiary of company, entered into joint venture agreement with tusstar .Deal in relation to proposed formation of jv company.
China Xd Plastics Co Ltd
Knorr Bremse AG [STELLG.UL] : Says extends the acceptance period in its offer for all shares in Haldex to 16 june 2017 due to pending approval of competition authorities . Says it will require more time to complete merger clearance process . Says remains fully committed to transaction as it is based on a compelling strategic rationale .Says if conditions for offer have been fulfilled by 21 june 2017, at latest, settlement is expected to be initiated around 28 June 2017.
CIE Automotive SA
Changzhou Tenglong Auto Parts Co Ltd <603158.SS> :Says it signs letter of intent to acquire 54 percent stake in Zhejiang Richleo Environmental Technology.
DENSO Corp <6902.T> : Says the company plans to fully acquire 99.35-percent-owned auto parts manufacturing unit DAISHINSEIKI Co Ltd through stock swap, with effective on March 17 . One share of unit DAISHINSEIKI's stock will be exchanged with 7.9 shares of co's stock . 16,906 shares of co's stock will be exchanged .The unit DAISHINSEIKI will be the wholly owned subsidiary of co after the transaction.
Aisin Seiki Co Ltd <7259.T>:Says it raised stake in ART METAL MFG. CO.,LTD. to 65 percent.