NEW YORK — ArvinMeritor, Inc. announced yesterday in an SEC filing that the expected proceeds of the sale of its Light Vehicle Aftermarket Purolator filters business in North America will be $170 million in cash. In late February, ArvinMeritor, Inc. announced that it had entered into a definitive agreement to sell the unit to Bosch and MANN+HUMMEL.
In addition, ArvinMeritor stated in the filing that the transaction is subject to customary closing conditions, including receipt of regulatory approvals.
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