Johnson Electric Announces Binding Offer to Acquire AML for EUR 65 Million (US$72 Million)

Johnson Electric Announces Binding Offer to Acquire AML for EUR 65 Million (US$72 Million)

HONG KONG, CHINA — (Marketwired) — 02/04/16 — ("Johnson Electric") (HKSE: 179), a global leader in electric motors and motion subsystems, today announced that it has signed a binding offer to acquire AML Développement, which is the holding company of AML Systems ("AML"). AML is a leading supplier of active modules for vehicle headlamp systems. Under the terms of the offer which is in the form of a "put" option agreement, subject to the selling shareholde