Asahi Kasei to acquire Sage Automotive Interiors for $1.06 billion

Tokyo-based Asahi Kasei has announced it will acquire Sage Automotive Interiors Inc. from Clearlake Sage Holdings LLC. The cash transaction is valued at approximately $700 million, with the total acquisition price including Sage's interest-bearing debt totaling approximately $1.06 billion.

“The cash transaction is valued at approximately $700 million, with the total acquisition price including Sage's interest-bearing debt totally approximately $1.06 billion.”textileworld.com

• 1 source
• textileworld.comAsahi Kasei To Acquire Sage Automotive Interiors | Textile WorldJim BornemanSep 10, 2018

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