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Meritor Completes Acquisition of AxleTech
July 29, 2019
TROY, Michigan, July 29 -- AxleTech International, a supplier of off highway and specialty vehicle drivetrain systems and components, issued the following news release:

Meritor, Inc. (NYSE: MTOR) today announced that it has successfully completed its acquisition of AxleTech from global investment firm The Carlyle Group (NASDAQ: CG).

The previously announced transaction enhances Meritor's growth platform with the addition of a complementary product portfolio, includ . . .

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