A roundup of this week’s news involving automotive suppliers. Honeywell International Inc.’s tentative pact to sell its Bendix brake-pad business to Federal-Mogul Corp. reportedly has fallen apart. The Wall Street Journal says Honeywell and Federal-Mogul weren’t able to agree on terms. Last year, the U.S Big Three filed a lawsuit to prevent the proposed deal, which reportedly contributed to the deal’s collapse. Bendix, which has $1.9 billion in asbestos claims filed against it that were to ...
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