Autoliv Inc. (ALV) said it agreed to acquire substantially all of Delphi's Occupant Protection Systems operations in Korea and China. The transaction is expected to close by March 31, 2010.
The company noted that the operations are expected to generate about US$250 million of annualized sales in 2010.
The transaction includes intellectual property, physical assets and a highly skilled workforce of approximately 600 associates in Korea and China.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.