BRIEF-Linamar confirms plans to bid for Montupet

Thu Oct 15, 2015 7:20am EDT
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Oct 15 (Reuters) -

* Linamar says plans to offer 71.53 euros per share for Montupet

* Linamar says cash offer values Montupet at 771 million euros or 1.16 billion Canadian dollars

* Linamar says Montupet backing its offer and agrees not to solicit other bids

* Linamar says offer to open to public early December 2015

* Deal confirms Reuters exclusive Source text for Eikon: (Reporting By Andrew Callus)