Delphi to buy connector manufacturer FCI
May 25, 2012 | 02:46 PM
| Corinna Petry
Tags
Delphi Automotive,
FCI Group,
safety connectors,
hybrid,
electric,
Rodney O'Neal,
acquisition,
Corinna Petry
CHICAGO — Delphi Automotive has made a binding offer to acquire the motorized vehicles division of FCI Group, which makes connection systems, for €765 million ($972 million) on a cash and debt-free basis.
The automotive supplier said it hopes to close the deal by the end of the year, subject to shareholder and regulatory approvals.....
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