TITLE

ArvinMeritor finalizes sale of Meritor Suspension JV

PUB. DATE
December 2009
SOURCE
Trailer / Body Builders;Dec2009, Vol. 51 Issue 2, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that ArvinMeritor Inc. has finalized the sale of its 57% stake in the Meritor Suspension System Co. (MSSC) joint venture. For an estimated 13 million U.S. dollars, Mitsubishi Steel Manufacturing Ltd. (MSM) acquired the stake of ArvinMeritor in the joint venture. ArvinMeritor chairman, chief executive officer and president Chip McClure also comments on the significance of the deal for the operation of his company.
ACCESSION #
47525379

 

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