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
»
14.05Growth Opportunities for Health and Beauty Care Revenue in Grocery Stores
14.05SONGWON Announces 1Q 2024 Financial Results
14.05Tesco chief's pay more than doubles to 10m
14.05Evonik Receives the Trade Excellence Award in Alabama
14.05My emails look ludicrous, says ex-Post Office PR boss
14.05Feedworks USA grows its monogastric team
14.05Polyart to market full range of services under PolyServices brand
14.05Nilpeter partners with B&R for advanced vision system
More »