Delphi Automotive Plc is a global technology company that specializes in designing and manufacturing advanced thermal, electronic, and electrical systems for the automotive industry. The company focuses on delivering innovative solutions that enhance vehicle performance, safety, and connectivity, enabling automakers to meet the evolving demands of consumers and regulatory requirements. Delphi is committed to advancing the future of mobility through its investments in electrification, autonomous driving technologies, and connected vehicle systems, working closely with leading automotive manufacturers to develop next-generation products and systems that shape the future of transportation. Read More
Aptiv PLC (“Aptiv”) (NYSE: APTV), a global technology company focused on enabling a more automated, electrified and digitalized future, today announced that its wholly-owned subsidiary, Aptiv Swiss Holdings Limited, a Jersey incorporated private limited company (the “Company”), commenced a cash tender offer (the “Tender Offer”) to purchase the outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes) for aggregate consideration of up to $1,350,000,000, exclusive of any accrued interest through the payment date of the Notes (as it may be increased or decreased by the Company in accordance with applicable law, the “Maximum Aggregate Consideration”), in the order of priority, and subject to the Series Caps shown in the table below. Capitalized terms used in this news release and not defined herein have the meanings given to them in the Offer to Purchase.
Aptiv PLC (“Aptiv”) (NYSE: APTV), a global industrial technology company, today announced that its Board of Directors approved the previously announced spin-off of its Electrical Distribution Systems business into a new publicly traded company, Versigent, including the associated record date, distribution date and distribution ratio for the spin-off.
Aptiv PLC (“Aptiv”) (NYSE:APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the pricing of an upsized private offering of $800,000,000 aggregate principal amount of 6.125% senior notes due 2031 (the “2031 Notes”) and $800,000,000 aggregate principal amount of 6.375% senior notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”) by its subsidiaries, Cyprium Corporation (“Cyprium Corp.”) and Cyprium Holdings Luxembourg S.à r.l. (“Cyprium Luxembourg” and, together with Cyprium Corp., the “Co-Issuers”). The Co-Issuers are subsidiaries of Versigent Limited (“Versigent”), the recently formed holding company for Aptiv’s Electrical Distribution Systems segment, which Aptiv intends to separate from its current business by means of a spin-off to its shareholders. The size of the offering reflects an increase of $100 million in aggregate principal amount of the Notes from the previously announced offering size of $1.5 billion. The offering is expected to close on March 18, 2026, subject to customary closing conditions. The Co-Issuers also have entered into a $850 million senior secured revolving credit facility and a $500 million senior secured term loan credit facility (the “Credit Facility” and together with the Notes, the “Financing Transactions”).
Aptiv PLC (“Aptiv”) (NYSE:APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the commencement of a private offering of $1.5 billion aggregate principal amount of senior notes due 2031 (the “2031 Notes”) and senior notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”) by its subsidiaries, Cyprium Corporation (“Cyprium Corp.”) and Cyprium Holdings Luxembourg S.à r.l. (“Cyprium Luxembourg” and, together with Cyprium Corp., the “Co-Issuers”). The Co-Issuers are subsidiaries of Versigent Limited (“Versigent”), the recently formed holding company for Aptiv’s Electrical Distribution Systems segment, which Aptiv intends to separate from its current business by means of a spin-off to its shareholders. The Co-Issuers also have entered into a $850 million senior secured revolving credit facility and a $500 million senior secured term loan credit facility (the “Credit Facility” and together with the Notes, the “Financing Transactions”).
Aptiv PLC (NYSE: APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, will present at the Barclays 43rd Annual Industrial Select Conference on February 18 at 8:05 a.m. Eastern Time.
Aptiv PLC (NYSE: APTV), a global industrial technology company focused on enabling a more automated, electrified and digitalized future, today reported record full year financial results, with revenues increasing 3% to $20.4 billion.
Aptiv PLC (NYSE: APTV), a global industrial technology company, today announced key leadership appointments for its Electrical Distribution Systems (EDS) business, which will be named Versigent after its tax-free spin to shareholders targeted to be completed on April 1, 2026. The independent company is expected to trade under the ticker symbol “VGNT” on the New York Stock Exchange.
Aptiv PLC (NYSE: APTV), a global industrial technology company, today announced that a leading commercial vehicle OEM (Original Equipment Manufacturer) has selected its Gen 6 Advanced Driver Assistance System (ADAS) to equip its future trucks and buses in India.
