Autoliv Plans Spinoff For Success In New Autonomous Vehicle World
Autoliv(ALV) is the world’s largest manufacturer of seat belts and air bags. Now, the Swedish company wants to spin off its fast-growing Electronics business. The Electronics business focuses on Active Safety as opposed to Autoliv’s core Passive Safety business. Autoliv stock jumped over 12% on the announcement, as investors anticipated strong value creation in the Electronics division with… Read More »