BorgWarner in $205M deal to buy Haldex unit

Dec 23, 2010 | 04:08 AM | Corinna Petry

BorgWarner Inc. has agreed to pay $205 million in cash for the Traction Systems division of Swedish automotive all-wheel drive system parts and components maker Haldex AB.

The sale expected to close in the first quarter of 2011.....

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