UPDATE 2-Lear interested in venture with Collins & Aikman

Newswire

(Adds S&P comment, share price) BOSTON, Aug 16 (Reuters) - Lear Corp. said on Tuesday it wanted to bid for part or all of bankrupt Collins & Aikman Corp. , expressing interest in combining the two companies' interior components business. Auto interiors supplier Lear delivered a letter of interest to Frank Macher, chief executive at Collins & Aikman. The letter, published in a regulatory filing, said creating a joint venture would be an attractive alternative. "Lear is as ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Lear interested in venture with Collins & Aikman" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×