Faurecia:won't issue shares for future acquisitions

Newswire

TOKYO, Nov 25 (Reuters) - French car parts maker Faurecia SA does not plan to issue new shares for any future acquisitions, Chief Executive Yann Delabriere said on Wednesday. Faurecia, a major maker of dashboards, seats and exhaust systems, made headlines this month when it struck a deal to buy EMCON Technologies, a U.S. company with a key presence in the fast-growing market for low-emission vehicles, by issuing 20.9 million new shares. [ID:nL252083] Speaking to a small group of ...

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