Garrett Motion Auction Process Yields Improved Bids
Garrett Motion Inc. (Garrett) today announced that it has received an improved stalking horse bid from KPS Capital Partners, LP (KPS) with respect to a potential purchase of its business.
- Garrett Motion Inc. (Garrett) today announced that it has received an improved stalking horse bid from KPS Capital Partners, LP (KPS) with respect to a potential purchase of its business.
- The anticipated dates for Garretts competitive process would be extended to provide Garrett with additional time to assess higher or better offers.
- It followed invitations from Garrett to the members of the Bidding Group to join the competitive process alongside other bidders.
- Our portfolio of turbocharging, electric boosting and automotive software solutions empowers the transportation industry to redefine and further advance motion.