Aptiv to spin off Electrical Distribution Systems business

Aptiv PLC announced its board approved a plan to separate its Electrical Distribution Systems (EDS) business into an independent company via a tax-free spin-off to shareholders. The separation is expected to create two focused companies.

“By enhancing strategic and operating focus, we are positioning both Aptiv and EDS to more effectively address the evolving needs of our customers and to further capitalize on market opportunities.”aptiv.com

• 1 source
• aptiv.comAptiv Announces Intention to Separate Its Electrical Distribution Systems BusinessPress ReleaseJan 22, 2025

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