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Wednesday, March 25, 2015

Mexico's Rassini raises 1.3 billion pesos in secondary share offer, (NYSE: F), (NYSE: TM)

Mexican auto parts maker Rassini raised 1.3 billion pesos ($86.74 million) in a secondary share offer on Wednesday, shareholder GBM said in a statement. The company sold 18,150,000 A shares at 30 pesos per share and 12,675,000 ordinary certificates (CPOs) at 60 pesos each.Rassini designs and manufactures suspension and brake components for automakers including General Motors Co, Ford Motor Co, and Fiat-Chrysler, Volkswagen AG , Nissan Motor Co Ltd, and Toyota Motor Corp .($1 = 14.9870 Mexican pesos)

Ford Motor Company (Ford) is a manufacturer of automobiles. Shares of F fell by 2.29% or $-0.38/share to $16.18. In the past year, the shares have traded as low as $13.26 and as high as $18.12. On average, 27309500 shares of F exchange hands on a given day and today's volume is recorded at 21996193.

TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. Shares of TM fell by 0.49% or $-0.71/share to $143.81. In the past year, the shares have traded as low as $103.38 and as high as $145.80. On average, 311984 shares of TM exchange hands on a given day and today's volume is recorded at 328928.



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