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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.