US: Dana completes sale of Getrag joint ventures

Dana has completed the sale of its equity in two of its joint ventures with Getrag. This transaction was carried out for a consideration of US$136m in cash. The buyer, Getrag, will sell these assets to GKN. Dana says it will use the proceeds from this sale to strengthen its liquidity Subscribe to Automotive World … Continued

• By Webmaster
• October 3, 2011