BorgWarner set to get majority of Beru - sources

Newswire

STUTTGART, Germany, Oct 28 (Reuters) - U.S. auto parts maker BorgWarner Inc is expected to buy a majority stake in German automotive supplier Beru for around 60 euros a share, industry sources said on Thursday. "There is a very high probability that Beru will announce this after the weekend," one source said. Beru declined to comment. BorgWarner was not immediately available for comment. U.S. financial investor Carlyle has been planning to divest its 37 percent stake in Beru, and the ...

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