FINDLAY, Ohio (Jan. 31)—Cooper Tire & Rubber Co. completed its acquisition of Invensys P.L.C.´s automotive fluid handling division. The $244.5 million purchase price was financed using Cooper´s existing short-term borrowing arrangements. The integration of Siebe Automotive with Cooper hose will allow the Findlay-based firm to provide complete fluid systems to its customers, said Thomas Dattilo, Cooper president and chief operating officer.
Cooper completes Siebe purchase
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