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US: ArvinMeritor announces stock and notes offerings

ArvinMeritor has announced that it is offering, subject to market and other conditions, 15,000,000 shares of its common stock in an underwritten registered public offering. The supplier intends to grant the underwriters an over-allotment option to purchase up to 2,250,000 additional shares. The company notes it intends to use the net Subscribe to Automotive World … Continued

ArvinMeritor has announced that it is offering, subject to market and other conditions, 15,000,000 shares of its common stock in an underwritten registered public offering. The supplier intends to grant the underwriters an over-allotment option to purchase up to 2,250,000 additional shares.

The company notes it intends to use the net

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https://www.automotiveworld.com/articles/80942-us-arvinmeritor-announces-stock-and-notes-offerings/

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