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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AutoZone Inc | NYSE:AZO | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 22.95 | 0.77% | 2,990.65 | 3,008.3307 | 2,973.24 | 2,986.71 | 113,415 | 01:00:00 |
From May 2019 to May 2024
UCI International LLC, a maker of replacement auto parts owned by one of New Zealand's richest men, filed for bankruptcy protection Wednesday after talks with bondholders about a financial restructuring failed to produce a deal.
The Lake Forest, Ill., company filed for chapter 11 protection in U.S. Bankruptcy Court in Wilmington, Del., with assets of $435.3 million and debts of $716.8 million.
New Zealand billionaire Graeme Hart's Rank Group acquired UCI in a 2011 in a deal valued at $980 million.
The company's ASC, Airtex and Champion businesses lines supply filtration parts and pumps to customers like AutoZone Inc., General Motors Co. and Advance Stores Co. UCI posted a loss of $501.3 million last year on sales of $784.7 million, according to court papers.
UCI, which employs about 1,800 people—all in the U.S.—said it would remain open during its bankruptcy case as talks with its bondholders continue.
Write to Patrick Fitzgerald at patrick.fitzgerald@wsj.com
(END) Dow Jones Newswires
June 02, 2016 10:05 ET (14:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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