BorgWarner to buy Delphi in $3.3B deal

BorgWarner's electric drive module is shown on display in Tokyo, Japan. The supplier is trying to move away from its dependency on older combustion-engine technology toward electrification. (Bloomberg)

R

By:

Reuters

January 28, 2020 09:28 AM

BorgWarner has agreed to buy Delphi Technologies in a $3.3 billion deal in an effort to expand in a growing market for hybrid and electric vehicles.

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