Visteon completes intiial phase to consolidate climate phase with Halla Climate Visteon and its longtime Korean affiliate Halla Climate Control announced they have completed the contribution of the majority of Visteon's automotive climate business to HCC. The transaction was divided into two phases, with the second phase on track to be completed late in the first quarter of 2013. The total purchase price, before certain adjustments, is unchanged from the $410M announced by the companies on Jan. 11. The transaction is immediately accretive to Halla Climate Control.
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