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Meritor Announces Sale of Brazilian Joint Venture
Meritor, Inc. announced that it has completed the sale of its 50 percent ownership interest in Suspensys Sistemas Automotivos Ltda. to its joint venture partner Randon S.A. Implementos e Participacoes. The purchase price at closing for Meritor's ownership interest was $195 million in cash. (From a press release on Ju....
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