Magna will acquire factories in Spain, the Czech Republic, Morocco and Mexico.
The business produces batteries for automakers and aftermarket distributors and retailers.
Brand has long history, roots in 19th century.
Companies expect deal to close in Q4.
Deal gives Geely access to a distribution network in Southeast Asia.
Deal expected to close by the end of the year.
Analysts note there are fewer significant assets available after more than a year of consolidation transactions.
Gibson Energy will continue to operate Canwest until the transaction closes in the second half of this year.
Acquisition includes IP right and certain manufacturing equipment, but not American Apparel’s stores.
Obama blocks proposed purchase of semiconductor manufacturer because the company’s technology has “military applications.”
Agreement doesn’t include American Apparel’s retail store assets.
Deal increases its capacity to make automotive latches, hinges and other closure components.
Industrial giant expects acquisitions to boost revenue within its 3D printing business to $1 billion by 2020.
Industrial gas-makers say talks are preliminary.
Swimways, based Virginia makes a pool toys including squirt guns, flotation devices and pool decor.