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For the long haul

28 January 2020 By Antony Currie

BorgWarner’s $1.5 bln swoop for Delphi will help boost its green-engine offerings, the same rationale behind the Peugeot-Fiat Chrysler deal. BorgWarner easily covers the 77% premium with cost cuts. But a struggling Delphi brings with it debt and slower margins.

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