Canada's Linamar Corp. to buy out Hungary unit

Newswire

BUDAPEST, Feb 27 (Reuters) - Canada's Linamar Corp , parent of Hungarian car and truck parts maker Linamar Hungary has made a buyout offer for all outstanding shares of the firm at a price of 3,003 forints ($15.62) per share. The offer is pending approval by Hungarian financial markets watchdog PSZAF, Linamar said in a statement on the Budapest bourse's website www.bet.hu. Trading in Linamar shares was suspended on the Budapest bourse on Monday. Canada's Linamar Corp has held a ...

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