Taylor Morrison Home Corporation (NYSE:TMHC) (“Taylor Morrison”) today
announced that its subsidiary has entered into a definitive agreement to
sell Monarch Corporation, its Canadian operations, to an affiliate of
Mattamy Homes Limited for a cash purchase price to be determined based
on the December 31, 2014 Monarch balance sheet and certain agreed-upon
Delphi Automotive PLC (NYSE: DLPH) today announced that it has entered
into a definitive agreement to sell its wholly-owned thermal business to
MAHLE GmbH for cash consideration of approximately $727 million, subject
to closing adjustments, which represents an implied EV/LTM EBITDA
multiple of approximately 9.5x. The transaction is expected to close in
the third quarter of 2015, subject to regulatory approvals.
Sign-up for Otter Tail Corporation Reports Higher Earnings in 2014, Announces Signed Letters of Intent to Sell Construction Businesses, Provides 2015 Earnings Guidance of $1.65 to $1.80 Per Share investment picks
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