Manufacturing M&A » By The Online Investor Staff, updated Fri., Apr. 19, 2:57 AM
Recent mergers and acquisitions in the Manufacturing M&A category.
Slide #78. HASCO — Yanfeng Joint Ventures
Acquirer: |
HASCO |
Acquiree: |
Yanfeng Joint Ventures (NASDAQ:VC) |
Details: |
Visteon Corporation (NYSE:VC) today announced that it has entered into an agreement with Huayu Automotive Systems Co., Ltd. (HASCO) to sell its 50 percent stake in Chinese joint venture Yanfeng Visteon Automotive Trim Systems Co., Ltd. (YFV), as well as its direct interests in other related interiors joint ventures, to HASCO. Additionally, Visteon and HASCO agreed to modify their existing electronics ventures in China such that Visteon will obtain control of the majority of Yanfeng Visteon Automotive Electronics Co., Ltd. (YFVE). |
Open the VC Page at The Online Investor »
Company Name: |
Visteon Corp |
Stock buyback: |
VC buyback |
Website: |
www.visteon.com |
Sector: |
Auto Parts |
Number of ETFs Holding VC: |
50 |
Total Market Value Held by ETFs: |
$557.06M |
Total Market Capitalization: |
$2.99B |
% of Market Cap. Held by ETFs: |
18.63% |
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April 19, 2024 2:57 AM Eastern
Buy (3.00 out of 4)
100th percentile
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