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BorgWarner Inc. (BWA)

  • Mon, Jul. 13, 8:07 AM
    • BorgWarner (NYSE:BWA) agrees to acquire Remy International (NASDAQ:REMY) for $29.50 per share.
    • The company expects the acquisition to be accretive in the first year after closing.
    • The deal is expected to close in Q4.
    • Remy International closed at $20.53 on Friday.
    | Mon, Jul. 13, 8:07 AM | Comment!
Company Description
BorgWarner Inc is a supplier of engineered automotive systems and components for powertrain applications. Its products help improve vehicle performance, fuel efficiency, stability and air quality.
Industry: Auto Parts
Country: United States