A PYMNTS Company

U.S.: FTC approves merger of vehicle tech businesses

By  |  November 26, 2012

The Federal Trade Commission has approved SPX Corporation to sell its Service Solutions business to automotive technology company Robert Bosch GmbH. SPX Corporation sites more than $5 billion in annual revenue from its manufacturing operations, part of which concentrate on vehicle service solutions. The deal is expected to be complete by early December.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: The Sacramento Bee

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.