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Linamar's Tender Reopened Offer for Montupet S.A completed successfully
Linamar's Tender Reopened Offer for Montupet S.A completed successfully Linamar's ...
About this update from Linamar Corporation
[{"type":"text","content":"\n\n\n\nLinamar's Tender Reopened Offer for Montupet S.A completed successfully\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLinamar's Tender Reopened Offer for Montupet S.A completed successfully\nCanada NewsWire\nGUELPH, ON, Feb. 16, 2016\n\n\n\nGUELPH, ON, Feb. 16, 2016 /CNW/ - The Autorité des marchés financiers (the French market authority, the \"AMF\") has published today the final results of the reopened public tender offer on the shares of Montupet S.A, pursuant to article 232-4 of the AMF General Regulation. As of February 16, 2016, a total of 10,442,924 shares of Montupet S.A have been tendered. At the date of the settlement and delivery of the Offer, Linamar should hold 96.85% of the share capital and 96.41% of voting rights of Montupet S.A.\n\nLinda Hasenfratz, CEO of Linamar, commented: \"We are thrilled with the results of our tender offer. Montupet is a global leader in light metal casting and we look forward to fully integrating the company with Linamar. Together we will create fantastic solutions for our customers and drive solid growth for our company.\"\n\nLinamar Corporation (TSX:LNR) is a diversified global manufacturing Company of highly engineered products powering vehicles, motion, work and lives. The Company is made up of 2 operating segments – the Powertrain/Driveline segment and the Industrial segment, which are further divided into 4 operating groups – Machining & Assembly, Light Metal Casting, Forging, and Skyjack, all world leaders in the design, development and production of highly engineered products. The Company's Machining and Assembly, Casting and Forging operating groups focus on precision metallic components, modules and systems for engine, transmission and driveline systems & structural components designed for global vehicle and industrial markets. The Company's Skyjack operating group is noted for its innovative, high quality mobile industrial equipment, notably its class-leading aerial work platforms and telehandlers. With more than 19,500 employees in 48 manufacturing locations, 5 R&...