COMMENT: Federal Mogul: no brakes on this deal
The threat of asbestos litigation has hung over both Honeywell and Federal Mogul in recent years. Now, an ingenious plan has allowed Federal Mogul to increase its share of the car brakes market, whilst allowing Honeywell to remove the cloud over its head. It is a smart move for Federal Mogul that should strengthen its long term prospects.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable