Send to a Friend Share

ArvinMeritor (ARM) Agrees to Divest Another Light Vehicle Systems Chassis Business

June 29, 2009 1:57 PM EDT
ARM Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)
ArvinMeritor, Inc. (NYSE: ARM) today announced that it has reached agreement to divest another one of its light vehicle Chassis businesses, bringing the total number of units divested this year to three. The company reached a definitive agreement to sell its Gabriel Ride Control Products North America business to OpenGate Capital, a private equity firm.

More from the release.

You May Also Be Interested In


Related Categories

Corporate News, Mergers and Acquisitions

Add Your Comment





Follow StreetInsider.com On Twitter