Auto Parts M&A » By The Online Investor Staff, updated Fri., Mar. 29, 6:37 AM Recent mergers and acquisitions in the Auto Parts M&A category.
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Slide #2. Affiliate of Cerberus Capital Management — Visteon Automotive Interiors Business
Acquirer:
Affiliate of Cerberus Capital Management
Acquiree:
Visteon Automotive Interiors Business (NASDAQ:VC)
Details:
Visteon Corporation (NYSE: VC) today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014.
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Buy (2.87 out of 4) 20th percentile
(ranked lower than approx. 80% of all stocks covered)
Analysts' Target Price: VC Stock Forecast Based on Zacks ABR data; powered by Xignite |