Titan International Signs Definitive Agreement To Sell ITM Business To Usco S.P.A.

By Reuters News

Sept 21 (Reuters) - Titan International Inc TWI.N:

  • TITAN INTERNATIONAL SIGNS DEFINITIVE AGREEMENT TO SELL ITM BUSINESS TO USCO S.P.A.

  • TITAN INTERNATIONAL - TO RECEIVE $207 MILLION INITIAL PRICE PLUS $6 MILLION EARNOUT BASED ON 2026 PERFORMANCE

  • TITAN INTERNATIONAL - DEAL EXPECTED TO GENERATE UP TO $285 MILLION IN TOTAL CASH VALUE FOR TITAN

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