As of 8:04 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).
Randon%20SA%20Implementos%20e%20Participa%E7%F5es%20%28BOVESPA%3ARAPT4%29%20signed%20a%20purchase%20and%20sale%20agreement%20to%20acquire%20an%20additional%2050%25%20stake%20in%20Suspensys%20Sistemas%20Automotivos%20Ltda%20from%20joint%20venture%20partner%20Meritor%2C%20Inc.%20%28NYSE%3AMTOR%29%20and%20Master%20Sistemas%20Automotivos%20Ltda.%20for%20approximately%20%24190%20million%20in%20cash%20on%20April%2029%2C%202013.%20The%20deal%20value%20includes%20cash%20and%20other%20consideration.%20Meritor%20Inc.%20plans%20to%20use%20the%20proceeds%20to%20strengthen%20its%20balance%20sheet%20and%20to%20repay%20its%20debt.%20The%20agreement%20is%20subject%20to%20regulatory%20approvals%20including%20approval%20from%20Brazilian%20Competion%20Authorities%20and%20other%20customary%20conditions.%20The%20transaction%20is%20expected%20to%20complete%20by%20Meritor%27s%20fiscal%20year%20end.%20Post%20transaction%20Randon%20will%20indirectly%20own%20100%25%20stake%20in%20Suspensys.%20JP%20Morgan%20acted%20as%20exclusive%20financial%20advisor%20to%20Meritor%20Inc%20on%20the%20transaction.
Randon%20SA%20Implementos%20e%20Participa%E7%F5es%20%28BOVESPA%3ARAPT4%29%20signed%20a%20purchase%20and%20sale%20agreement%20to%20acquire%20an%20additional%2050%25%20stake%20in%20Suspensys%20Sistemas%20Automotivos%20Ltda%20from%20joint%20venture%20partner%20Meritor%2C%20Inc.%20%28NYSE%3AMTOR%29%20and%20Master%20Sistemas%20Automotivos%20Ltda.%20for%20approximately%20%24190%20million%20in%20cash%20on%20April%2029%2C%202013.%20The%20deal%20value%20includes%20cash%20and%20other%20consideration.%20Meritor%20Inc.%20plans%20to%20use%20the%20proceeds%20to%20strengthen%20its%20balance%20sheet%20and%20to%20repay%20its%20debt.%20The%20agreement%20is%20subject%20to%20regulatory%20approvals%20including%20approval%20from%20Brazilian%20Competion%20Authorities%20and%20other%20customary%20conditions.%20The%20transaction%20is%20expected%20to%20complete%20by%20Meritor%27s%20fiscal%20year%20end.%20Post%20transaction%20Randon%20will%20indirectly%20own%20100%25%20stake%20in%20Suspensys.%20JP%20Morgan%20acted%20as%20exclusive%20financial%20advisor%20to%20Meritor%20Inc%20on%20the%20transaction.
Randon%20SA%20Implementos%20e%20Participa%E7%F5es%20%28BOVESPA%3ARAPT4%29%20signed%20a%20purchase%20and%20sale%20agreement%20to%20acquire%20an%20additional%2050%25%20stake%20in%20Suspensys%20Sistemas%20Automotivos%20Ltda%20from%20joint%20venture%20partner%20Meritor%2C%20Inc.%20%28NYSE%3AMTOR%29%20and%20Master%20Sistemas%20Automotivos%20Ltda.%20for%20approximately%20%24190%20million%20in%20cash%20on%20April%2029%2C%202013.%20The%20deal%20value%20includes%20cash%20and%20other%20consideration.%20Meritor%20Inc.%20plans%20to%20use%20the%20proceeds%20to%20strengthen%20its%20balance%20sheet%20and%20to%20repay%20its%20debt.%20The%20agreement%20is%20subject%20to%20regulatory%20approvals%20including%20approval%20from%20Brazilian%20Competion%20Authorities%20and%20other%20customary%20conditions.%20The%20transaction%20is%20expected%20to%20complete%20by%20Meritor%27s%20fiscal%20year%20end.%20Post%20transaction%20Randon%20will%20indirectly%20own%20100%25%20stake%20in%20Suspensys.%20JP%20Morgan%20acted%20as%20exclusive%20financial%20advisor%20to%20Meritor%20Inc%20on%20the%20transaction.
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Date Range for Stats (05/21/2013 to 05/21/2013)
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0 Number of Dividends Paid$0.00 Dividends Paid Per Period |
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