other material
confidence high
sentiment neutral
materiality 0.80
Aptiv PLC (APTV): M&A transaction — Aptiv completes spin-off of Versigent; shareholders receive one VGNT share per three APTV shares
Aptiv PLC
- Spin-off effective April 1, 2026; Versigent begins trading on NYSE under ticker VGNT.
- Record date March 17, 2026; distribution ratio of one Versigent share for every three Aptiv shares.
- Fractional shares of Versigent will be paid in cash rather than issued.
- Separation and Distribution Agreement entered into to govern post-spin relationship between Aptiv and Versigent.