An Auto Supplier Is Breaking Up. It’s the Latest in a Hot Wall Street Trend.
Aptiv plans to split into two companies—one dedicated to electrical components, the other to technology and software.
Aptiv to Spin Off Electrical Distribution Systems Auto-Parts Unit
Auto-parts and car technology maker Aptiv plans to spin off its Electrical Distribution Systems unit to focus on selling automotive connectivity products. Aptiv said on Wednesday that its board ...