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Affinia Files Registration Statement for Initial Public Offering
June 25, 2010
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By aftermarketNews staff
ANN ARBOR, Mich. — Affinia Group Holdings Inc. announced Friday that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. Affinia Group Holdings Inc. intends to apply to have its shares listed on The New York Stock Exchange under the symbol "AFN."

J.P. Morgan, Barclays Capital, BofA Merrill Lynch and Baird will serve as joint book-running managers for the offering.

Earlier this year, Affinia reported improved sales and profitability for the first quarter of 2010, which ended March 31.

Net sales increased by 9.9 percent to $443 million for the quarter, compared to $403 million for the same period in 2009.