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November 5, 2012
08:12 EDTFDMLFederal-Mogul: exclusive independent aftermarket distributor of BERU products
Federal-Mogul announced a further action in the company's strategy to strengthen its global ignition market leadership. Following Federal-Mogul's Oct. 1 acquisition of the BERU spark plug business, the company today announced that it has entered into an additional agreement with BorgWarner BERU Systems GmbH to serve as the exclusive global independent aftermarket distributor of the remaining BERU ignition products. Federal-Mogul will also become the exclusive licensee of the BERU brand name for sale of ignition products in the aftermarket. The transaction is pending customary closing conditions including approval of competition authorities.
News For FDML From The Last 14 Days
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February 25, 2015
10:01 EDTFDMLOn The Fly: Analyst Downgrade Summary
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08:40 EDTFDMLFederal-Mogul downgraded to Hold from Buy at Gabelli
February 24, 2015
07:33 EDTFDMLFederal-Mogul announces deferral of previously announced spin-off
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07:32 EDTFDMLFederal-Mogul reports Q4 adjusted EPS 7c, one estimate 13c
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