Visteon has announced that having studied the unsolicited approach from Johnson Controls for certain assets in its interiors and electronics businesses, its board of directors has unanimously decided to reject the US$1.25bn offer. The board concluded that Visteon's stakeholders, as well as customers and employees, will be best served by moving Subscribe to Automotive World to … Continued
Visteon has announced that having studied the unsolicited approach from Johnson Controls for certain assets in its interiors and electronics businesses, its board of directors has unanimously decided to reject the US$1.25bn offer. The board concluded that Visteon's stakeholders, as well as customers and employees, will be best served by moving
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https://www.automotiveworld.com/articles/82280-us-visteon-rejects-offer-from-johnson-controls/
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