Oct 11 (Reuters) - Brembo NV:
* BUYS 100% OF ÖHLINS
* ACQUISITION DEAL SIGNED WITH TENNECO, WHICH IS PART OF
APOLLO
GLOBAL MANAGEMENT
* PURCHASE PRICE IS USD 405 MILLION, ON A CASH FREE / DEBT
FREE
BASIS, SUBJECT TO CUSTOMARY PRICE ADJUSTMENT MECHANISMS
* ACQUISITION SUBJECT TO CUSTOMARY REGULATORY APPROVALS,
EXPECTED
TO CLOSE IN EARLY 2025
* ÖHLINS RACING PRODUCES PREMIUM, HIGH PERFORMANCE
SUSPENSION
TECHNOLOGY FOR MOTORCYCLES, CARS
Further company coverage:
(Reporting by Gdansk Newsroom)