BRIEF-Savaria unit to buy automotive division of Shoppers Home Health Care

Wed Apr 6, 2016 9:39am EDT
 
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April 6 (Reuters) - Savaria Corp

* Says unit silver cross automotive signed a definitive agreement to purchase automotive division of shoppers home health care

* Says savaria will use cash on hand to pay for acquisition, which will cost approximately $10 million, net of adjustments

* Says savaria will brand these newly acquired automotive locations under silver cross banner Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)