Tesma to raise C$100 million in offering


TORONTO, June 27 (Reuters) - Tesma International Inc. said on Thursday it will sell 2.9 million shares to an underwriting syndicate at C$35.15 per share to raise more than C$100 million for the autoparts maker Tesma, which was spun off from Magna International Inc. in the mid-1990s and makes engine, transmission and fuel systems, said it will use the C$100.2 million for general purposes including acquisitions, joint ventures and new technologies. The offering is scheduled to close by ...

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