Dana to sell Structural Products business to Metalsa
Expects to incur a pre-tax loss of US$150m to US$180m in the Q4 09
Dana Corporation has entered into an agreement to sell its Structural Products business to Metalsa S.A. de C.V. The closure of the agreement is subject to the government regulatory approvals and customary closing conditions. Metalsa, a subsidiary of Grupo Proeza, manufactures structural components for the light and commercial vehicle markets.
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