secwatch.observer — SEC 8-K summary
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Issuer:     Aptiv PLC (APTV)
CIK:        0001521332
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001521332-25-000003
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aptiv to spin off Electrical Distribution Systems business into separate public company by Q1 2026
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- Spin-off of EDS via tax-free dividend to Aptiv shareholders; target completion by March 31, 2026.
- Pro forma Aptiv (post-spin) had ~$12.1B revenue, $1.4B GAAP OI, $2.3B Adj EBITDA in 2024.
- Standalone EDS had $8.3B revenue, $0.4B GAAP OI, $0.8B Adj EBITDA in 2024.
- Medium-term targets: Aptiv mid-to-high single digit rev growth, low-to-mid teens OI margins; EDS mid-single digit rev growth, mid-to-high OI margins.
- Company affirms full-year 2024 outlook; Q4 results on Feb 6, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521332/000152133225000003/0001521332-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521332/000152133225000003/aptv-20250122.htm
  HTML page:      https://secwatch.observer/filing/0001521332-25-000003

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