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Mahle Metal Leve SA (LEVE3.SA)

LEVE3.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mahle Metal Leve and Miba Sinter Holding to study synergies within the unit
Wednesday, 10 Aug 2016 06:58am EDT 

Mahle Metal Leve SA :Said on Tuesday that the executive board was authorized to sign a memorandum of understanding with Miba Sinter Holding GmbH & Co KG to start studying synergies in respect to the company's unit Mahle Metal Leve Miba Sinterizados Ltda, which might result in increasing of Miba Sinter Holding's stake in the unit.  Full Article

Mahle Metal Leve announces own capital interest payment
Wednesday, 10 Aug 2016 03:59am EDT 

Mahle Metal Leve SA : Said on Tuesday that its board of directors had proposed, ad referendum of the general meeting, to pay own capital interest for the period between April 1 and July 31, totalling 31.0 million Brazilian reais ($9.9 million) and corresponding to 0.2413 real per ordinary share (0.2051 real per share net) . Payment on Aug 29 . Record date is Aug 12 .Shares to be traded ex-interest as of Aug. 15.  Full Article