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ANNOUNCEDSpinoffTax-Free Spinoff

Aptiv Versigent Spinoff

APTVAptiv PLCNYSE

Parent Company

Aptiv PLC

APTV

Electrical Distribution

SpinCo / Target

Versigent

VGNT

ANNOUNCED

2025-01-22

EXPECTED

04/01/2026

MARKET CAP

DEAL VALUE

Summary

Aptiv is spinning off its Electrical Distribution Systems segment as Versigent (ticker: VGNT). The SpinCo will be a leading global supplier of electrical distribution systems for the automotive industry.

Details & Analysis

Versigent will have approximately $4.5B in revenue and serve major OEMs globally. The separation allows Aptiv to focus on its higher-margin Signal and Power Solutions and Advanced Safety and User Experience segments. Form 10-12B filed with detailed pro forma financials.