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Dana Prices €325 Million Senior Notes Offering
Dana Prices $400 Million Senior Notes Offering
Dana Launches $400 Million Senior Notes Offering
Dana Incorporated, formerly Dana Holding Corporation, is a global provider of technology driveline, sealing and thermal-management products. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. It has operations in North America, South America, Europe and Asia pacific. Its Light Vehicle segment offers products, such as front axles, rear axles, driveshafts/propshafts, differentials, torque couplings and modular assemblies. Its Commercial Vehicle segment offers products, such as steer axles, drive axles, drive shafts and tire inflation systems. Its Off-Highway segment offers products, such as front axles, rear axles, drive shafts, transmissions, torque converters, tire inflation systems and electronic controls. Its Power Technologies segment offers products, including gaskets and cover modules.
Auto & Truck Parts
3939 Technology Dr
James Kevin Kamsickas
Chairman of the Board, President, Chief Executive Officer
Jonathan Mark Collins
Chief Financial Officer, Executive Vice President
Aziz S. Aghili
Executive Vice President, President, Off-Highway Drive and Motion Technologies
Robert D. Pyle
Executive Vice President, President, Light Vehicle Drive Systems
Douglas H. Liedberg
Senior Vice President, General Counsel, Secretary
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Dana Inc warned of shipping constraints and higher costs due to supply chain disruptions as the auto parts maker battles a global semiconductor chip shortage during the COVID-19 pandemic.
Dana Inc posted a 22.4% rise in first-quarter profit as the auto parts maker benefited from strength in the light-truck and commercial vehicle market.
The following are mergers under review by the European Commission and a brief guide to the EU merger process:
OC Oerlikon <OERL.S> has agreed to sell its drives unit to U.S. engineering company Dana Inc <DAN.N>, the Swiss company said on Monday after shelving a planned listing of the business.
OC Oerlikon said on Monday it had agreed to sell its drives unit to U.S. engineering company Dana Inc - a deal triggered after the Swiss company shelved a planned listing of the business.
* OERLIKON SIGNED DEFINITE AGREEMENT WITH DANA INC. FOR SALE OF DRIVE SYSTEMS SEGMENT
* SAYS DANA WILL ACQUIRE OERLIKON'S DRIVE SYSTEMS BUSINESS FOR CHF 600 MILLION (APPROXIMATELY $600 MILLION)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.