Deal snapshot: Cummins Closes USD 3.7bn Acquisition of Axle and Brake Supplier Meritor.
MANews-(C)2009-2022
US-based diesel engine maker Cummins Inc. (NYSE: CMI) has closed its acquisition of US-based drivetrain, mobility, braking, aftermarket and electric powertrain solutions provider Meritor, Inc. (NYSE: MTOR), the company said.
Meritor serves commercial vehicle and industrial markets. Under the terms of the agreement, Cummins paid USD...
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