Browsing Tag
Michael Reiss
2 posts
FORVIA agrees to sell Interiors unit to Apollo Funds for €1.8bn in IGNITE strategy push
FORVIA to sell Interiors to Apollo at 3.1x EBITDA. The €1.82bn deal cuts debt by €1bn but reveals how cheaply European suppliers must now sell scale.
Tenneco set for $7.1bn acquisition by Apollo Funds: The future of automotive innovation
In a transformative development within the automotive industry, Tenneco, an American automotive products manufacturer, has agreed to be…