Magna to acquire Getrag for approximately €1.75B

Green Car Congress
By mmillikinJul 16, 2015, 10:10 am204 pts
Magna International Inc. signed an agreement to acquire the Getrag Group of Companies for approximately €1.75 billion (US$1.9 billion). This represents an enterprise value of approximately €2.45 billion (US$2.7 billion) less proportionate net debt and proportionate pension liabilities, which together are…

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