BorgWarner to buy Delphi technologies

BorgWarner to buy Delphi technologies

Auto parts supplier BorgWarner has agreed to buy Delphi Technologies for $3.3 billion, to help strengthen its power electronics products. The acquisition comes in the wake of several automakers increasing investments in electric vehicles over the next five years.

KCooper
KCooper
Miles O'Brien
Miles O'Brien 1 months

Who benefits from this? It used to be that corporate takeovers had to make the case that the country would be better off, not that corporate America would be more profitable.

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