CANBERRA – The administrator of collapsed Australian car parts maker Ion Ltd. says there is strong interest from trade and private equity buyers in several of the supplier’s assets now on the block. Credit Suisse First Boston has been appointed to handle the sale of parts of Ion, including a plant in New South Wales that makes automatic gearboxes for Ford Motor Co. of Australia Ltd. and South Korea’s Ssangyong Motor Co. Ltd., two engine component plants in South Australia and alloy wheel ...
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