Modine jumps on $1 billion merger deal with Gentherm

Modine jumps on $1 billion merger deal with Gentherm

Modine Manufacturing jumped after it agreed to merge its Performance Technologies unit with Gentherm in a $1 billion tax-free Reverse Morris Trust deal. Modine will receive about $210 million in cash and refocus on Climate Solutions, including data center cooling, while retaining a 40% stake in the combined company.

Read Full Article ...

© yugma 2026

Google Play and the Google Play logo are trademarks of Google LLC.

Apple and the Apple logo are trademarks of Apple Inc.