Linamar Hungary offer falls short of delist target


BUDAPEST, May 31 (Reuters) - Canadian car and truck parts maker Linamar Corp. said on Thursday it had raised its stake in its Hungarian unit to 71 percent in a public bid, below the 75 percent target it had sought to delist the firm. But it said it would proceed with the full acquisition of the unit. "The completion of our public purchase offer is the first step in the full acquisition of Linamar Hungary by the parent company," Linamar Corp. Chief Executive Linda Hasenfratz said in a ...

Premium Content (PAID Subscription Required)

"Linamar Hungary offer falls short of delist target" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.
Connect With Us
Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×