UPDATE 2-Allison Transmission sees IPO priced at $22-$24/shr

Newswire

(Adds details, background) Feb 29 (Reuters) - Allison Transmission Holdings Inc, a maker of automatic transmissions for trucks, buses and military vehicles, said it expects its initial public offering of 21.7 million shares to be priced between $22 and $24 apiece. Indianapolis-based Allison Transmission -- which was bought by private equity companies Carlyle and Onex from General Motors Inc in 2007 -- had filed for an IPO of up to $750 million in March last year. In a filing with the U.S. ...

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