Hydro-Québec exercises put option on its 45% stake in Dana TM4 joint venture

DANA Inc

Hydro-Québec provided put notice on May 6, 2024 for its 45% redeemable noncontrolling interest in Dana TM4 joint venture.
Fair market value and closing date will be determined per the shareholders agreement.
Dana is obligated to purchase the stake at fair market value per the agreement terms.
No estimate of the purchase price or financial impact was disclosed in the filing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.