Johnson plans 12.5 billion acquisition of Visteon assets
An integrated electric Super cars, auto parts and building automation system supplier Johnson on May 21, announced that it plans to 12.5 billion acquisition of Visteon company car interiors business and e-business. Current Visteon (its former parent company to Ford car) company is reorganizing under bankruptcy protection.
Johnson spokesman Mr. Strayer Jacqueline F. 21 at a press conference, said: "we Visteon Corporation is interested in this transaction on Johnson's future development is significant, because it will help to broaden and deepen our global automotive customer relationship. As regards this point, I believe that the shareholders entered in 24, Delaware (Delaware), the United States bankruptcy court hearing, will be felt. ”
However, Visteon Corporation has said that, while Johnson will be on Monday's hearing to provide additional information, but its acquisition of intentions still lack important information and conditions harsh, fuzzy definition. In addition, the acquisition of intention has not made it clear that any increase in value of Visteon.
According to Visteon Corporation on May 7, a message, it is currently trying to 95% of the stock from its bond holders there for 12.5 million investment fund to help themselves, and this action would cause Visteon existing stock suspension.