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Donnelly closes sale of venture stake to Lear

US-based Donnelly Corp., an international automotive supplier of components and systems in automotive mirrors, closed the sale of its Lear Donnelly Overhead Systems LLC stake to the venture“s partner…

US-based Donnelly Corp., an international automotive supplier of components and systems in automotive mirrors, closed the sale of its Lear Donnelly Overhead Systems LLC stake to the venture“s partner, Lear Corp. Financial terms of the deal, which involved cash and assets, were not disclosed, pending the resolution of open issues. In a recent company statement, Donnelly said it expects to take a gain on the sale.

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