Aptiv Broadens Portfolio Of High-Voltage System Solutions Via Acquisition Of This Italian Company
Aptiv PLC (NYSE: APTV ) said it has entered into a definitive agreement to acquire an 85% equity stake in Intercable Automotive Solutions, a subsidiary of Intercable S.r.l., for €595 million. The Mutschlechner family, who founded Intercable in 1972, will retain a 15% ownership interest in the business. Based in Italy, Intercable Automotive Solutions specializes … Full story available on Benzinga.com
Aptiv Broadens Portfolio Of High-Voltage System Solutions Via Acquisition Of This Italian Company
Aptiv PLC (NYSE: APTV ) said it has entered into a definitive agreement to acquire an 85% equity stake in Intercable Automotive Solutions, a subsidiary of Intercable S.r.l., for €595 million. The Mutschlechner family, who founded Intercable in 1972, will retain a 15% ownership interest in the business. Based in Italy, Intercable Automotive Solutions specializes … Full story available on Benzinga.com