Constellium to buy UACJ's 49% stake in auto body sheet JV for $100M

Constellium entered a binding agreement to acquire UACJ's 49% stake in Constellium-UACJ ABS joint venture in Bowling Green, Kentucky, for $100 million plus assumption of debt. The deal is expected to close by mid-January 2019.

“Constellium N.V. announced today that it entered into a binding purchase agreement with UACJ Corporation ... to acquire TAAH’s 49% stake in Constellium-UACJ ABS, LLC (CUA), for $100 million.”globenewswire.com

• 3 sources
• globenewswire.comConstellium to purchase UACJ’s Stake in Auto Body SheetConstellium ParisDec 11, 2018
• globenewswire.comConstellium to purchase UACJ’s Stake in Auto Body SheetConstellium ParisDec 11, 2018
• aluminium-journal.comConstellium acquires UACJ stake in auto body sheet JV in Bowling Green | International Aluminium Journalalu-web RedaktionJan 14, 2019

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