TEXT-S&P comments on Delphi Automotive PLC

Newswire

(The following statement was released by the rating agency) May 25 - Standard & Poor's Ratings Services said today that its ratings and outlook on Delphi Automotive PLC (BB+/Stable/--) are not immediately affected by the Michigan-based parts supplier's announcement that it has offered about $972 million to acquire the motorized vehicles division of Bain Capital's FCI Group. We believe the acquisition of this automotive connectors business would be consistent with Delphi's stated ...

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