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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.