Home UPDATE 1-Icahn offers to buy rest of auto parts maker Federal-Mogul
 

Keywords :   


UPDATE 1-Icahn offers to buy rest of auto parts maker Federal-Mogul

2016-02-29 14:32:21| Auto Parts - Topix.net

Billionaire Carl Icahn's investment company offered to buy the 18 percent of auto parts maker Federal-Mogul Holdings Corp has been focusing on its auto business, its second largest by revenue, as a slump in crude prices slows growth in its energy business, which accounted for nearly half of its revenue in 2014. The company said in December it would buy auto parts retailer Pep Boys-Manny Moe & Jack PBY.N for about $1 billion.

Tags: buy auto offers parts

Category:Automotive

Latest from this category

All news

»
22.11Spain fines budget airlines including Ryanair 179m
22.11Eastern North Pacific Tropical Weather Outlook
22.11Atlantic Tropical Weather Outlook
22.11Rush PANTS
22.11SBS
22.11/
22.11 YOU
22.11
More »