Updated: Dana battles rival suitor for GKN deal, investors weigh in
Dana is in a pitch battle with a rival suitor for GKN and had suggested a dual listing offer to...
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Topic: Financial
Experience aftermarket exec joins Brake Parts Inc. as director of customer experience
Sam Rusenovich has joined Brake Parts Inc (BPI) as the director of customer experience, it was announced by Paul Ferrandino, chief commercial officer for Brake Parts Inc. “We welcome Sam to the BPI team and are pleased to have...
Read MoreDana and GKN combine to form $13.4B driveline entity
Dana Incorporated has signed definitive agreements to combine with the Driveline division of GKN plc to create Dana plc, a global leader in driveline systems. The total consideration is composed of $1.6 billion in cash proceeds...
Read MoreMomentum grows for FCA spinoff of Magnetti Marelli
Significant news out of Fiat Chrysler Automobiles (FCA) is the expected spinoff of the Magnetti Marelli business. Media reports have gained momentum after the FCA board announced in late February that it was continuing its...
Read MoreMEMA joins chorus opposing aluminum and steel tariffs
The Motor & Equipment Manufacturers Association (MEMA) has added its voice to the growing chorus inside and outside the White House opposing the Trump administration’s intention to levy aluminum and steel tariffs. MEMA has...
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