Delphi’s Transformation Into Aptiv Begins Today With Powertrain Spinoff

Delphi Automotive’s (DLPH) board of directors formally approved the spinoff of its powertrain business earlier this month and set today, December 4th as the distribution date. Shareholders as of November 22nd will receive 1 share of the new Delphi Technologies for every 3 shares of Delphi Automotive currently owned. Immediately after the spin, the parent company will rename… Read More »