Mergers & Acquisitions

BorgWarner seeks EU approval for $3.3 billion Delphi Technologies takeover

By Nicholas Hirst

Published 26 Aug 2020 09:16
Modified 26 Aug 2020 09:21

Car-parts maker BorgWarner has requested EU approval to take over rival Delphi Technologies, according to an update today on the European Commission's register of deals.

The commission has set a Sept. 30 deadline to decide on the $3.3 billion deal.

US-based BorgWarner said on Jan. 28 that it would buy UK-based Delphi in an

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Nicholas Hirst

Chief Correspondent

Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

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