BorgWarner to Acquire Delphi Technologies in All-Stock Transaction to Strengthen Propulsion Systems Leadership
(WorldNews Europe)

Enhances Power Electronics Products, Capabilities and Scale Consistent with BorgWarner`s Balanced Propulsion Strategy Expect Meaningful EPS Accretion in Second Full Year While Preserving Strong Balance Sheet Expect Approximately $125 Million of Run-Rate Cost Synergies to Be Achieved by 2023 BorgWarner Authorizes $1 Billion Share Repurchase Program Auburn Hills, Michigan & London, UK, January 28, 2020 - BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) today announced that they have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi Technologies` enterprise value at...