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BRIEF-Adient agrees to purchase automotive seating supplier Futuris Group
August 21, 2017 / 11:40 AM / 4 months ago

BRIEF-Adient agrees to purchase automotive seating supplier Futuris Group

Aug 21 (Reuters) - Adient Plc

* Adient agrees to purchase automotive seating supplier Futuris Group

* Says ‍purchase price is about $360 million​

* Adient PLC- ‍Adient expects transaction to add approximately $500 million in revenue on an annual basis​

* Adient PLC - ‍deal expected to be accretive to Adient’s adjusted fiscal 2018 earnings per share

* Says ‍purchase price of deal includes assumption of about $18 million of net debt​ Source text for Eikon: Further company coverage:

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