Article: Brazil: DHB divests assets.

Brazilian auto parts manufacturer DHB Componentes Automotivos divested assets in order to manage R$100mil debts. The company dissolved a partnership with Delphi Automotive Systems, which held a 49% stake in it, and sold an auto parts plant to that company for R$87.92mil. Delphi, though, will continue transferring technology to DHB over a 5-year term, which can be renewed. Besides, DHB also sold its Argentinean subsidiary Trinter for US$2mil - the subsidiary's liabilities amount to US$3mil. The assets divestiture plan ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!