Auto Parts Industry Looks for New Deals – Wall Street Journal

Posted: Tuesday, December 15, 2015

Auto parts makers, flush with cash and bolstered by U.S. sales running at more than a decade-high, are preparing to crank up their merger and acquisitions activity to advance their technology offerings.

Nearly 60% of automotive executives who responded to a new Ernst & Young survey said they would pursue an acquisition over the next 12 months, a development that could reverse a recent wave of share buybacks. Deal targets are…

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