Mergers & Acquisitions Mergers & Acquisitions

BorgWarner, Delphi cite small overlaps in bid for swift Chinese approval

By Yonnex Li
  • 17 Jul 2020 00:03
  • 17 Jul 2020 00:03
US car-parts maker BorgWarner has pointed to small market shares in its overlaps with Delphi Technologies in a bid to obtain Chinese fast-track approval of the company's planned $3.3 billion acquisition of its British rival.
Michigan-based BorgWarner and London-headquartered Delphi together control only 10-15 percent of the Chinese market for

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Yonnex Li

Chief Correspondent, Greater China

Yonnex has an MA in Journalism from the Chinese University of Hong Kong, after obtaining a BA in Translation at the same university. At MLex, she writes extensively on antitrust developments in the Greater China region, including investigations, court cases and merger control of international transactions. Prior to joining MLex, she worked as a reporter at the English division of the Hong Kong Economic Journal, providing coverage and analysis on China's banking sector, asset management industry as well as currency and financial reforms.

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