India's Tata unit in talks to buy Visteon - paper

Newswire

MUMBAI, May 21 (Reuters) - India's Tata AutoComp Systems Ltd. and France's Valeo are in discussions to buy a stake in the New York-listed auto parts firm Visteon Corp. , Business Standard said on Monday citing unnamed sources. The newspaper said a deal could be valued between $1.5-$2 billion but it was not clear whether the two firms would jointly or independently bid for Visteon, an ailing unit that was spunoff from car maker Ford . Unlisted Tata AutoComp is part of India's ...

Premium Content (PAID Subscription Required)

"India's Tata unit in talks to buy Visteon - paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×