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Cooper Standard has announced the public offering

Cooper Standard Automotive (CooperStandard) today announced a public offering, and hire bankers to provide guidance to their suggestions.

     The prospectus of the company has been interested in bidding, the second round of bidding will be expected in mid-September. Cooper-Standard's share price has recently increased 15% to $ 49. Cooper-Standard's competitors TI Automotive Company is currently undergoing a public offering.

     2004 Cypress Group and Goldman Sachs price of nearly $ 1.2 billion joint acquisition of Cooper Tire's automotive parts business, Cooper-Standard's this set up. Headquartered in the United States, Michigan, produces body sealing systems and fluid handling systems, enterprise value over $ 1.1 billion.

     Cooper-Standard in the first half earnings rose 18 percent to $ 1.45 billion, earnings before interest, taxes, depreciation and amortization rose 23% to $ 182 million, currently employs approximately 21,000 employees and operations in 19 countries around the world.

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