Reuters logo
Lear Corp to buy leather supplier Eagle Ottawa in $850 mln deal
August 27, 2014 / 8:36 PM / 3 years ago

Lear Corp to buy leather supplier Eagle Ottawa in $850 mln deal

Aug 27 (Reuters) - Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC in a deal valued at $850 million, to strengthen its seats business.

Auburn Hills, Michigan-based Eagle Ottawa’s customers include top automakers such as Ford Motor Co, BMW, General Motors Co and Hyundai Motor Co, Lear said in a statement. (Reporting by Mridhula Raghavan in Bangalore; Editing by Kirti Pandey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below