- Lear (NYSE:LEA) agrees to acquire Eagle Ottawa, the world's largest supplier of automotive leather, in a deal valued at $850M on a cash and debt-free basis.
- Lear expects the transaction to be ~5% accretive to annual EPS upon closing.
- Lear also says it intends to continue to return cash to shareholders; at the end of Q2, it had ~$600M in remaining share repurchase authorization.
From other sites
at Nasdaq.com (Mar 26, 2015)
at Nasdaq.com (Mar 18, 2015)
at Nasdaq.com (Feb 27, 2015)
at MarketWatch.com (Feb 3, 2015)
at CNBC.com (Feb 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs