Linamar Corporation exercises squeeze-out right at Hungarian unit
|Canada's Linamar Corporation on Thursday said it would exercise a squeeze-out right and pay the remaining shareholders in its Hungarian farm machinery maker and automotive industry supplier Linamar Hungary HUF 2,570 per share.|
Linamar Corporation's stake in the unit reached HUF 99.49% following a voluntary purchase offer, giving it squeeze-out rights.
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