Aptiv Plans Tax-Free Spin-Off Of Its Electrical Distribution Systems Unit
Aptiv(APTV) Forbes·2025-01-29 17:52(Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesDeal OverviewOn January 22, 2025, Aptiv PLC (NYSE: APTV, $62.80; Market capitalization: $14.8 billion) disclosed that its board of directors have unanimously approved a plan to separate its Electrical Distribution Systems business (“EDS” or the “EDS business”) from Aptiv, creating two independent companies.Post separation, Aptiv will focus on advanced software and hardware technologies, in ...