DANA Inc — M&A Activity 2016

Dec 23, 2016

8-K 1 d318028d8k.htm 8-K 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 23, 2016

Dana Incorporated

(Exact name of registrant as specified in its charter)

Delaware	1-1063	26-1531856
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

3939 Technology Drive, Maumee, Ohio 43537

(Address of principal executive offices) (Zip Code)

(419) 887-3000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01 Other Events

As previously announced, Dana Incorporated, through two of its subsidiaries (“Dana”) entered into a definitive agreement to purchase strategic assets of SIFCO S.A., a Brazilian entity (“SIFCO”). SIFCO has operated under judicial restructuring since 2014. Dana submitted a bid to the Brazilian bankruptcy court overseeing SIFCO’s restructuring in a competitive process to acquire SIFCO’s commercial vehicle steer axle systems business and its related forged components business. Dana’s bid was later approved in the bankruptcy court supervised competitive auction process. Dana’s acquisition of these businesses closed on December 23, 2016.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DANA INCORPORATED — By:	/s/ Marc S. Levin
Name:	Marc S. Levin
Title:	Senior Vice President, General Counsel and Secretary