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Modine Reaches Agreement to Sell Korean Subsidiary to KB Synthetics
Sun 8:00 pm ET (Business Wire)
RACINE, Wis.----Modine Manufacturing Company , a diversified global leader in thermal management technology and solutions, today announced that it has entered into an agreement to sell 100% of the shares of Modine Korea LLC, its Korean-based vehicular HVAC business, to KB Synthetics for approximately $14 million.
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| Market Capitalization: | 50B | | Price
/ Earnings: | NM | | Price
/ Book: | 4.5 | | Net
Profit Margin (mrq): | -3.9% | | Price
To Free Cash Flow (mrq): | -47.1 | | Return
on Equity: | 0.0% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 1.8% |
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