BorgWarner to acquire Delphi Technologies in all-stock deal valued at $3.3B

BorgWarner agreed to acquire Delphi Technologies in an all-stock transaction valuing Delphi's enterprise value at approximately $3.3 billion, strengthening its power electronics and propulsion capabilities.

“BorgWarner Inc. and Delphi Technologies PLC today announced that they have entered into a definitive transaction agreement.”borgwarner.com

• 1 source
• borgwarner.comBorgWarner to Acquire Delphi Technologies in All-Stock Transaction to Strengthen Propulsion Systems LeadershipJan 28, 2020

Summarized from public sources; check the original articles before acting on it.