BorgWarner Inc. (NYSE: BWA) has completed its takeover of Delphi Technologies, the last vestige of the once-vast General Motors Co. (NYSE: GM) Worldwide Components Group.
The $3.3 billion stock deal positions BorgWarner to grow as a leader in electrified propulsion systems for cars and heavy-duty trucks. The merger was announced in January. BorgWarner and Delphi Technologies estimate they generated $10.17 billion and $4.36 billion in net sales respectively in the 2019 fiscal year.
It is the...
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