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BRIEF-Polaris Industries to buy Transamerican Auto Parts for $665 mln
October 12, 2016 / 10:06 AM / a year ago

BRIEF-Polaris Industries to buy Transamerican Auto Parts for $665 mln

Oct 12 (Reuters) - Polaris Industries Inc :

* Polaris Industries Inc announces agreement to acquire Transamerican Auto Parts

* Polaris Industries Inc - deal for $665 million

* Polaris Industries Inc says Polaris expects to fund acquisition with borrowings under existing credit facilities

* Polaris Industries Inc - expected accretion from deal to earnings per share, excluding purchase accounting/acquisition costs, for full year 2017

* Polaris Industries Inc - company expects meaningful annual cost savings within three years following closing of deal

* Polaris Industries Inc says following closing of transaction, tap will operate as a distinct business unit Source text for Eikon: Further company coverage:

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