BorgWarner Announce Earlier Monday, It Will Acquire Eldor Corporation's Electric Hybrid Systems Business Segment For €75M At Closing
Portfolio Pulse from Charles Gross
BorgWarner Inc. (NYSE:BWA) has entered into a Share Purchase Agreement to acquire the Electric Hybrid Systems (EHS) business segment of Eldor Corporation for €75 million, with a potential additional amount due subject to an earnout.

June 19, 2023 | 11:21 pm
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BorgWarner's acquisition of Eldor Corporation's EHS business segment for €75M could strengthen its position in the electric vehicle market.
The acquisition of Eldor Corporation's EHS business segment will likely have a positive impact on BorgWarner's stock price in the short term. This acquisition could strengthen BorgWarner's position in the electric vehicle market, as it expands its product offerings and capabilities in the growing industry. The €75 million price tag, with a potential additional amount due subject to an earnout, indicates a significant investment by BorgWarner, which could lead to increased investor confidence and a positive impact on the stock price.
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