US: Delphi targets FCI Group’s MVL unit

Delphi Automotive has entered into exclusive negotiations and has made a binding offer to acquire FCI Group's Motorized Vehicles Division (MVL), a transaction valued at €765m (US$961m) on a cash and debt-free basis. Closure of the acquisition is expected by year-end 2012 and to be US$0.24 accretive to 2013 earnings Subscribe to Automotive World to … Continued

Delphi Automotive has entered into exclusive negotiations and has made a binding offer to acquire FCI Group's Motorized Vehicles Division (MVL), a transaction valued at €765m (US$961m) on a cash and debt-free basis. Closure of the acquisition is expected by year-end 2012 and to be US$0.24 accretive to 2013 earnings

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https://www.automotiveworld.com/articles/93976-us-delphi-auto-targets-fci-group-s-mvl-unit/

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