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Germany: ElringKlinger announces capital increase

Having recently signed a deal with Freudenberg Seals and Vibration Control Technology to acquire that company's Static Metal Gaskets business, ElringKlinger has announced that it is to issue new equity, part of the proceeds of which will be used to fund the acquisition. A resolution has been passed by the German Subscribe to Automotive World … Continued

Having recently signed a deal with Freudenberg Seals and Vibration Control Technology to acquire that company's Static Metal Gaskets business, ElringKlinger has announced that it is to issue new equity, part of the proceeds of which will be used to fund the acquisition.

A resolution has been passed by the German

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https://www.automotiveworld.com/articles/84127-germany-elringklinger-announces-capital-increase/

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