UPDATE 1 -Auto parts supplier Stabilus eyes $400 mln share sale end-May

Newswire

* Price range set at 19 to 25 euros a share * Offer period May 12 to May 22, debut May 23 * Dividend of 20 to 40 of profits planned from 2014/15 (adds CEO, FD quotes, valuation details, rivals, forecasts) FRANKFURT, May 9 (Reuters) - German automotive and industrial supplier Stabilus is planning to sell shares worth up to 292 million euros ($401 million) in its market debut on May 23. Stabilus, whose gas springs and hydraulic ...

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