Business

Tenneco to obtain Federal-Mogul for $5.4 billion 2018

Vehicle parts creator Tenneco is purchasing Federal-Mogul, a producer of powertrain segments, from Icahn Enterprises LP for $5.4 billion. The extremely rich person financial specialist Carl’s Icahn Enterprises possesses a controlling stake in Federal-Mogul. Icahn’s organization will get $800 million in real money and $29.5 million offers of Tenneco. The Read more…

By admin, ago