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Visteon Breakup Opens Door for Electronics Unit Deal: Real M&A
2014-09-16 02:49:32| Electronics - Topix.net
The $4.7 billion company is exploring options for splitting in two, including selling or spinning off its electronics business, people familiar with the matter said last week. For potential buyers interested in Visteon, a breakup may be preferable because it would let them bid directly on the faster- growing electronics division without having to take on its climate-control venture, said UBS AG.
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Category:Electronics and Electrical