Post Tagged with: "NewCo"

BorgWarner ‘Charging Forward’ strategy

BorgWarner ‘Charging Forward’ strategy

BorgWarner today announced its intention to execute a tax-free spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly traded company (“NewCo”). “The BorgWarner Board believes a strategic spin-off of our Fuel Systems and Aftermarket segments would be the best path forward to further the transformation of our company. The intended separation supports optimizing our combustion portfolio and[Read More…]

by December 9, 2022 Newscast