Home › BorgWarner to buy electric, hybrid motor maker Remy for $950 million
 

Keywords :   


BorgWarner to buy electric, hybrid motor maker Remy for $950 million

2015-07-13 18:01:54| Auto Parts - Topix.net

DETROIT -- BorgWarner Inc. agreed to buy Remy International Inc. for $951 million in cash, driving further consolidation of the auto-parts industry. BorgWarner will pay $29.50 a share, a 44 percent premium from Remy's closing price on Friday, according to a .

Tags: buy million motor electric

Category:Automotive

Latest from this category

All news
»
05.10Atlantic Tropical Weather Outlook
05.10Tropical Storm Milton Update Statement
05.10Summary for Tropical Storm Milton (AT4/AL142024)
05.10Eastern North Pacific Tropical Weather Outlook
05.10Tropical Depression Fourteen Graphics
05.10Tropical Depression Fourteen Forecast Discussion Number 1
05.10Tropical Depression Fourteen Wind Speed Probabilities Number 1
05.10Tropical Depression Fourteen Public Advisory Number 1
More »