BRIEF-Gentherm And Modine’S Performance Technologies Business To Combine, Establishing A Scaled Leader In Thermal Management Solutions

Reuters01-29
BRIEF-Gentherm And Modine’S Performance Technologies Business To Combine, Establishing A Scaled Leader In Thermal Management Solutions

Jan 29 (Reuters) - Modine Manufacturing Co MOD.N:

  • GENTHERM AND MODINE’S PERFORMANCE TECHNOLOGIES BUSINESS TO COMBINE, ESTABLISHING A SCALED LEADER IN THERMAL MANAGEMENT SOLUTIONS

  • GENTHERM INC - REVERSE MORRIS TRUST DEAL VALUED AT ABOUT $1.0 BILLION

  • GENTHERM INC - MODINE SHAREHOLDERS TO OWN 40% OF COMBINED COMPANY

  • GENTHERM INC - BILL PRESLEY AND JON DOUYARD TO LEAD COMBINED COMPANY AS CEO & CFO RESPECTIVELY

  • GENTHERM INC - MODINE SHAREHOLDERS TO OWN TWO FOCUSED BUSINESSES

  • MODINE MANUFACTURING CO: GENTHERM SEEES PRELIMINARY FY25 PRODUCT REVENUES $1.49B – $1.50B

Source text: ID:nGNX6PcDlq

Further company coverage: MOD.N

((Reuters.Briefs@thomsonreuters.com;))

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