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Dana Inc (DAN.N)

DAN.N on New York Stock Exchange

14.69USD
16 Nov 2018
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Mon, Nov 12 2018

EU mergers and takeovers (Nov 12)

BRUSSELS, Nov 12 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

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Oerlikon sells drives business to Dana for around 600 million Swiss francs

ZURICH OC Oerlikon has agreed to sell its drives unit to U.S. engineering company Dana Inc , the Swiss company said on Monday after shelving a planned listing of the business.

UPDATE 1-Oerlikon sells drives business to Dana for around 600 mln Sfr

ZURICH, July 30 OC Oerlikon has agreed to sell its drives unit to U.S. engineering company Dana Inc , the Swiss company said on Monday after shelving a planned listing of the business.

Oerlikon sells drive systems segment to Dana in 600 mln sfr deal

ZURICH, July 30 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.

BRIEF-Oerlikon Signs Definite Agreement With Dana For Sale Of Drive Systems Segment

* OERLIKON SIGNED DEFINITE AGREEMENT WITH DANA INC. FOR SALE OF DRIVE SYSTEMS SEGMENT

BRIEF-Dana To Purchase Drive Systems Segment Of Oerlikon Group

* SAYS DANA WILL ACQUIRE OERLIKON'S DRIVE SYSTEMS BUSINESS FOR CHF 600 MILLION (APPROXIMATELY $600 MILLION)

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