Autoliv Inc (ALV.N) Key Developments | Reuters.com
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Autoliv Inc (ALV.N)

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Latest Key Developments (Source: Significant Developments)

Autoliv: cooperating with Toyota in recall, sees cost at lower end of $10-40 mln range
Wednesday, 29 Jun 2016 06:36am EDT 

Autoliv Inc : Says cooperating with Toyota in their voluntary recall of approximately 1.4 million vehicles of Toyota Prius and Lexus CT 200h . Says too early to determine final cost to Autoliv, confirms currently estimates it at lower end of a range of 10 to 40 million USD [ID:nL8N19L25K] .Autoliv shares are down 5.3 pct at 1046 GMT.  Full Article

Autoliv Inc and Nissin Kogyo form Autoliv-Nissin Brake Systems
Friday, 1 Apr 2016 02:25am EDT 

Autoliv Inc:Finalized its joint venture with Nissin Kogyo (TSE: 7230.T) to form Autoliv-Nissin Brake Systems (ANBS).The joint venture is an important milestone in Autoliv's strategy to be the leader in safety systems for the future car, well integrated with autonomous driving.Autoliv purchased 51% of the joint venture for JPY 29.7 billion.Joint venture will also further strengthen Autoliv's role as a leading system supplier for autonomous vehicles.  Full Article

Autoliv Declares Increased Dividend
Tuesday, 16 Feb 2016 04:46am EST 

Autoliv Inc:declared a quarterly dividend of 58 cents per share for the second quarter 2016, an increase of 2 cents per share from the previous level.The dividend will be payable on Thursday, June 2, 2016 to Autoliv shareholders of record on the close of business on Wednesday, May 18.The ex-date will be Monday, May 16 for holders of the common stock listed on the New York Stock Exchange (NYSE) and Tuesday, May 17 for holders of Swedish Depository Receipts (SDRs) listed on the NASDAQ OMX, Stockholm.  Full Article

Autoliv Inc appoints Mats Backman as chief financial officer
Wednesday, 25 Nov 2015 03:18am EST 

Autoliv Inc:Says that it has appointed Mats Backman as group vice president and chief financial officer.Says that after thirteen years with the company, whereof seven years as chief financial officer, Mats Wallin, will leave his position to pursue other opportunities based on a mutual agreement with Autoliv.Says Mats will remain in his current position until his successor joins Autoliv.  Full Article

Autoliv Inc expands brake systems business
Wednesday, 9 Sep 2015 02:13am EDT 

Autoliv Inc:Announces it has entered into a definitive agreement to establish a Joint Venture (JV) with Nissin Kogyo.Says the automotive fleet of tomorrow will be characterized by integrated active and passive safety systems operating in harmony, for the best total safety solutions.  Full Article

Autoliv completes acquisition of MACOM Automotive Solutions Business
Monday, 17 Aug 2015 04:58pm EDT 

Autoliv Inc:Completed the previously announced acquisition of the automotive business of M/A-COM Technology Solutions Holdings, Inc.Purchase price for MACOM's "Automotive Solutions" business is approximately $100 million in cash, plus up to an additional $30 million in cash based on achievement of revenue-based earn-out targets through 2019.In addition, MACOM has agreed to perform consulting services for Autoliv over a 2-year period for up to $15 million in fees.  Full Article

Autoliv Inc declares quarterly dividend
Monday, 3 Aug 2015 07:48am EDT 

Autoliv Inc:Declares a quarterly dividend of 56 cents per share for the fourth quarter 2015.Says the dividend will be payable on, Dec. 3 to Autoliv shareholders of record on the close of business on Nov. 18.  Full Article

Autoliv Inc gives Q3 2015 guidance; reaffirms FY 2015 guidance
Friday, 17 Jul 2015 06:15am EDT 

Autoliv Inc:Expects Q3 2015 organic sales to increase by more than 7 pct. and an adjusted operating margin of around 9 pct.The expectation for FY 2015 remains for organic sales growth of more than 6 pct. and an adjusted operating margin of around 9.5 pct.  Full Article

Autoliv Inc to acquire the automotive business of M/A-COM Technology Solutions Holdings
Thursday, 16 Jul 2015 06:09pm EDT 

Autoliv Inc:Entered into a definitive agreement to acquire the automotive business of M/A-COM Technology Solutions Holdings, Inc.Purchase price for the Automotive Solutions business is $100 million in cash and other adjustments, plus up to an additional $30 million in cash based on achievement of revenue-based earn-out targets through 2019.Says acquisition is expected to close during the third quarter of 2015.  Full Article

Autoliv Inc declares Q3 2015 dividend
Tuesday, 5 May 2015 12:15pm EDT 

Autoliv Inc:Declared a quarterly dividend of 56 cents per share for the third quarter 2015.The dividend will be payable on Sep 3, to Autoliv shareholders on record on the close of business on Aug. 20.The ex-date will be Aug. 18 for holders of the common stock listed on the New York Stock Exchange (NYSE) and Aug. 19 for holders of Swedish Depository Receipts (SDRs) listed on the NASDAQ OMX, Stockholm.  Full Article

UPDATE 4-Toyota recalls 3.37 mln cars over air bags, emissions control

* Autoliv says it supplied air bag inflators (Adds recalls by geographic region for emissions defect; 90 pct of recalled air bag inflators in Prius models, updates share price)