Thursday, July 16, 2015

Magna International agrees to buy transmission maker Getrag

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Automotive component supplier Magna International has signed an agreement to take over the Getrag Group, one of the biggest transmission manufacturers, by the end of the year, in a deal worth nearly $2 billion.

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Magna International agrees to buy transmission maker Getrag originally appeared on Autoblog on Thu, 16 Jul 2015 14:30:00 EST. Please see our terms for use of feeds.

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