Titan International agrees to sell ITM undercarriage unit to USCO for USD 207 million
Titan International reached a definitive deal to sell its Italtractor ITM undercarriage business to USCO. Consideration includes USD 207 million upfront, up to USD 6 million earnout tied to 2026 performance. Net asset adjustments are expected to add about USD 23 million, lifting total cash value to about USD 285 millio