March 26, 2018 / 6:20 AM / 6 months ago

BRIEF-Dana Increases Cash Consideration For GKN Driveline By 100 Mln Stg

March 26 (Reuters) - Dana Inc:

* INCREASES CASH CONSIDERATION FOR GKN DRIVELINE BY £100 MILLION

* ALSO DOUBLES SIZE OF SHARE REPURCHASE PROGRAM

* HAS INCREASED CASH ELEMENT OF CONSIDERATION BY $140 MILLION (£100 MILLION), REPRESENTING AN 8.6 PERCENT INCREASE IN CASH CONSIDERATION

* WILL DOUBLE SIZE OF ITS SHARE REPURCHASE PROGRAM TO $200 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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