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Romeo Power Technology To List On NYSE Through Merger With RMG Acquisition
Borgwarner Commences Private Exchange Offer And Consent Solicitation For Delphi Technologies' Outstanding 5.00% Senior Notes Due 2025
Borgwarner Says SEC Announced Settlement With Co Fully Resolving Investigation Related To Historical Accounting For Asbestos-Related Claims
BorgWarner Inc. is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company's segments include Engine and Drivetrain. The Engine segment's products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains. The Drivetrain segment's products include transmission components and systems, all-wheel drive (AWD) torque transfer systems and rotating electrical devices. The Company's products are manufactured and sold across the world, primarily to original equipment manufacturers (OEMs) of light vehicles (passenger cars, sport-utility vehicles (SUVs), vans and light trucks). The Company's products are also sold to other OEMs of commercial vehicles (medium-duty trucks, heavy-duty trucks and buses) and off-highway vehicles (agricultural and construction machinery and marine applications.
Auto & Truck Parts
3850 Hamlin Rd
AUBURN HILLS, MI
Alexandros P Michas
Non-Executive Independent Chairman of the Board
Frederic B. Lissalde
President, Chief Executive Officer, Director
Kevin A. Nowlan
Chief Financial Officer, Executive Vice President
Felecia J. Pryor
Chief Human Resource Officer, Executive Vice President
Tonit M. Calaway
Executive Vice President, Chief Legal Officer and Secretary
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LVMH's plans to end its $16 billion acquisition of U.S. jeweler Tiffany & Co follows roughly 1,900 deals that have been cancelled, renegotiated or disputed around the world since the start of the COVID-19 pandemic, according to S&P Global Market Intelligence.
LVMH's <LVMH.PA> plans to end its $16 billion acquisition of U.S. jeweler Tiffany & Co <TIF.N> follows roughly 1,900 deals that have been cancelled, renegotiated or disputed around the world since the start of the COVID-19 pandemic, according to S&P Global Market Intelligence...
Michigan-based auto parts maker BorgWarner Inc has agreed to pay $950,000 to resolve allegations by the U.S. Securities and Exchange Commission that it failed to disclose the full extent of its asbestos liabilities.
BorgWarner <BWA.N> on Friday forecast full-year net sales of up to $8 billion and said it expects to generate positive free cash flow of between $100 million and $300 million for the year.
Auto parts maker BorgWarner <BWA.N> said on Wednesday it had resolved a dispute with UK-based smaller rival Delphi Technologies <DLPH.N> and was on track to acquire it by the second half of 2020.
While the coronavirus pandemic has hit BorgWarner Inc hard, investors want to know more about the status of its pending acquisition of Delphi Technologies Plc and tornado damage at the auto parts supplier's South Carolina plant when it reports first-quarter results on Wednesday...
U.S. auto parts maker BorgWarner Inc <BWA.N> and its acquisition target Delphi Technologies PLC <DLPH.N> said on Thursday they are still working to close their deal, following a breach claim that BorgWarner made against Delphi.
U.S. auto parts maker BorgWarner Inc and its acquisition target Delphi Technologies PLC said on Thursday they are still working to close their deal after a breach claim was leveled against Delphi.
U.S. auto parts company BorgWarner Inc <BWA.N> threatened to walk away from a $951 million deal to buy Delphi Technologies <DLPH.N> on Tuesday, after the automotive equipment supplier drew down on a credit line without its acquirer's approval.
BorgWarner Inc threatened to abandon its purchase of Delphi Technologies Plc on Tuesday after it drew down credit without asking for approval, sending shares in the UK-based automotive supplier tumbling 27%.
The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
BorgWarner Inc <BWA.N> on Tuesday agreed to buy UK-based Delphi Technologies Plc <DLPH.N> in a $3.3 billion deal, as the U.S. auto parts maker positions itself to grab more sales in the fast-growing market for hybrid and electric vehicles.
U.S. auto parts maker BorgWarner Inc is in advanced talks to buy UK-based Delphi Technologies PLC, as it looks to expand in a growing market for hybrid and electric vehicles, Bloomberg reported https://www.bloomberg.com/news/articles/2020-01-28/borgwarner-is-said-to-be-in-talks-to-acquire-delphi...
U.S. auto parts makers BorgWarner Inc <BWA.N> said on Friday it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges.
U.S. auto parts makers BorgWarner Inc said on Friday it would restate its financial statements for the fiscal years 2016 and 2015 due to re-evaluation of its accounting for asbestos-related claim liabilities.
Auto parts maker BorgWarner Inc <BWA.N> said on Thursday Chief Executive Officer James Verrier will step down and serve in a non-executive advisory role until he retires in February next year.
Auto parts maker BorgWarner Inc said Chief Executive Officer James Verrier will step down and serve in a non-executive advisory role until he retires in February next year.
* BORGWARNER REPORTS FIRST QUARTER 2018 U.S. GAAP NET EARNINGS OF $1.07 PER DILUTED SHARE, OR $1.10 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS
* SETS QUARTERLY CASH DIVIDEND OF $0.17 PER SHARE Source text for Eikon: Further company coverage:
* BORGWARNER INC SAYS CEO JAMES R. VERRIER'S TOTAL FY 2017 COMPENSATION WAS $14.1 MILLION VERSUS $12.4 MILLION IN FY 2016 - SEC FILING Source text: (http://bit.ly/2pgJTRm) Further company coverage:
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