Debt-laden Elders has sold its car interiors business Futuris Automotive to a US private equity firm for $69 million.Proceeds from the sale to Clearlake Capital Group will be used to reduce the company's net debt by about $56 million, Elders said.
01/08/2013 - 14:55
Elders sells Futuris for $69m
01/08/2013 - 14:55