Noble takes on adviser to explore strategic alternatives

By Jennifer Chiou

New York, Jan. 29 - Noble International Ltd. announced that it has retained Houlihan Lokey Howard & Zukin Capital, Inc. as a financial adviser to assist in analyzing and considering a wide range of strategic alternatives, including potential transactions.

The company said that it can give no assurance that a transaction of any kind will occur, adding that it doesn't plan to disclose developments regarding the consideration of strategic alternatives unless its board has approved a transaction.

Noble is a Warren, Mich.-based supplier of automotive parts, component assemblies and value-added services to the automotive industry.

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