STUTTGART, Germany, Oct 28 (Reuters) - U.S. auto parts makerInc. is expected to buy a majority stake in German automotive supplier Beru for around 60 euros a share, sources familiar with the talks said on Thursday.
"There is a very high probability that Beru will announce this after the weekend," one source said. Beru declined to comment.was not immediately available for comment.
U.S. financial investor Carlyle has been planning to divest its 37 percent stake in Beru, and the Birkel family is apparently ready to sell its 23 percent stake for 60 euros a share or slightly below, said the sources, who requested anonymity.
Carlyle declined to comment, while the Birkel family was not immediately available for comment.
The sources said BorgWarner's board was scheduled to address the issue at a meeting on Friday.
Beru specializes in diesel technology and aims for annual sales of around 400 million euros. BorgWarner said last month it had an eye on acquisitions to boost its fast-growing diesel business.