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Wednesday, May 31, 2017

Superior Industries Concludes Tender Offer for Purchase of Shares of UNIWHEELS AG

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SOUTHFIELD, Mich.–(BUSINESS WIRE)–Superior Industries International, Inc. (“Superior”) (NYSE:SUP), one of the largest manufacturers of aluminum wheels for OEMs in North America and Europe, announced today that it had concluded its tender offer for the purchase of shares of UNIWHEELS AG (“UNIWHEELS”), for an aggregate consideration of $714.7 million, financed through approximately $670 million of newly funded debt, as well as $150 million of Preferred Equity. “The conclusion of the tender offe

May 31, 2017 at 02:29AM

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