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Autoliv Inc (ALV.N)

ALV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Autoliv Announces Agreement With Investor Cevian Regarding Veoneer
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Autoliv Inc ::AUTOLIV ANNOUNCES AGREEMENT WITH CEVIAN REGARDING VEONEER.BOARD HAS APPROVED THE COMPLETION OF THE PREVIOUSLY ANNOUNCED SPIN-OFF OF VEONEER INTO AN INDEPENDENT PUBLICLY TRADED COMPANY.ADDITIONAL INDIVIDUALS THAT ARE EXPECTED TO SERVE ON THE BOARD OF VEONEER, INCLUDING JONAS SYNNERGREN A PARTNER OF CEVIAN CAPITAL.AGREEMENT SUBJECT TO TERMS, INCLUDING CEVIAN MAINTAINING AN AT LEAST 8% OWNERSHIP POSITION IN THE COMMON STOCK OF AUTOLIV AS OF THE SPIN-OFF AND VEONEER.CEVIAN HAS AGREED TO CUSTOMARY STANDSTILL AND VOTING COMMITMENTS UNDER DEAL, INCLUDING NOT ACQUIRING MORE THAN 19.9% OF VEONEER'S COMMON STOCK.  Full Article

Autoliv CFO Says Close To 100 Pct Of Orders Need To Meet 2020 Sales Target Already Booked
Thursday, 31 May 2018 

May 31 (Reuters) - AUTOLIV INC AND VEONEER INVESTOR DAY::AUTOLIV CFO SAYS CLOSE TO 100 PERCENT OF ORDER NEED TO MEET SALES TARGET FOR 2020 ALREADY BOOKED – INVESTOR DAY.AUTOLIV CFO SAYS EXPECTS TO SEE CAPEX NORMALIZING TOWARDS HISTORIC LEVELS OF 4 PERCENT-5 PERCENT IN 2019, BUT REMAIN HIGHER FOR 2018 – INVESTOR DAY.AUTOLIV TEAM SAYS FOR CAPITAL INJECTION INTENDED TO BE MADE TO VEONEER, ABOUT 30 PERCENT WILL BE MADE VIA CASH ON HAND– INVESTOR DAY.AUTOLIV INCOMING CEO SAYS "THERE COULD BE BOLT ON M&A OPPORTUNITIES THAT COME TO US (FOR AUTOLIV), BUT THERE’S NOTHING WE’RE LOOKING FOR"– INVESTOR DAY.  Full Article

Autoliv Announces Agreement With Cevian Regarding Veoneer
Thursday, 24 May 2018 

May 24 (Reuters) - Autoliv Inc ::AUTOLIV ANNOUNCES AGREEMENT WITH CEVIAN REGARDING VEONEER.AUTOLIV INC SAYS PURSUANT TO AGREEMENT WITH CEVIAN, AUTOLIV AND VEONEER AGREED TO TAKE ACTION FOR VEONEER TO APPOINT MR. SYNNERGREN TO VEONEER'S BOARD FOLLOWING SPIN-OFF OF VEONEER.AUTOLIV INC SAYS CEVIAN HAS AGREED TO CUSTOMARY STANDSTILL AND VOTING COMMITMENTS UNDER AGREEMENT, INCLUDING NOT ACQUIRING MORE THAN 19.9% OF COMMON STOCK OF VEONEER..  Full Article

Autoliv Updates On Planned Veoneer Spin-Off
Monday, 21 May 2018 

May 21 (Reuters) - Autoliv Inc ::AUTOLIV PROVIDES UPDATE ON PLANNED VEONEER SPIN-OFF.FILED AN AMENDMENT TO ITS REGISTRATION STATEMENT ON FORM 10 IN CONNECTION WITH ITS PLANNED SPIN-OFF FROM AUTOLIV.  Full Article

Autoliv sees bigger hit from raw material costs in 2018
Friday, 27 Apr 2018 

April 27 (Reuters) - Autoliv Inc CEO Jan Carlson in interview with Reuters::AUTOLIV CEO SAYS EXPECTS RAW MATERIAL COSTS TO INCREASE $16 MILLION IN 2018 YEAR/YEAR VERSUS JANUARY FORECAST FOR A $4 MILLION INCREASE.  Full Article

Autoliv provides update ahead of planned spin-off
Friday, 27 Apr 2018 

April 26 (Reuters) - Autoliv Inc ::AUTOLIV PROVIDES UPDATE AHEAD OF PLANNED SPIN-OFF.ANNOUNCED IMPORTANT STEPS IN PROCESS TO SPIN-OFF ITS ELECTRONICS BUSINESS.ANTICIPATES TRADING IN VEONEER TO BEGIN IN EARLY PART OF Q3 OF 2018 WITH LISTINGS ON NEW YORK STOCK EXCHANGE AND NASDAQ STOCKHOLM.PROCESS OF SPINNING OFF ELECTRONICS BUSINESS UNDER NAME VEONEER IS PROGRESSING WELL.AUTOLIV- TO FUND CAPITAL INJECTION, AUTOLIV INTENDS TO RAISE MAJORITY OF NEEDED CAPITAL THROUGH DEBT FINANCING.INITIAL CAPITALIZATION OF VEONEER IS EXPECTED TO BE PROVIDED THROUGH A CAPITAL INJECTION FROM AUTOLIV.IT IS EXPECTED TO BE SUFFICIENT TO FUND VEONEER UNTIL IT REACHES POSITIVE CASH FLOW.INITIAL CAPITALIZATION OF VEONEER WILL PROVIDE UP TO $1.2 BILLION OF CASH LIQUIDITY IN VEONEER.TO FUND CAPITAL INJECTION THE REMAINING AMOUNT WILL BE FROM AUTOLIV'S CASH ON HAND.  Full Article

Autoliv declares dividend of 60 cents/share for Q1 2018​
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Autoliv Inc , ALIVsdb.ST::AUTOLIV DECLARES DIVIDEND AND SETS DATE FOR SHAREHOLDER AGM.SAYS ‍TODAY DECLARED A QUARTERLY DIVIDEND OF 60 CENTS PER SHARE FOR Q1 2018​.  Full Article

Autoliv decides on spin-off of Electronics business, expects Q3 listing
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Autoliv Inc ::AUTOLIV CONCLUDES STRATEGIC REVIEW AND PREPARES FOR SPIN-OFF OF ITS ELECTRONICS SEGMENT.SAYS ‍DECIDED TO PREPARE FOR A SPIN-OFF OF ITS ELECTRONICS BUSINESS SEGMENT, CREATING A NEW, INDEPENDENT PUBLICLY TRADED COMPANY DURING Q3 OF 2018​.SAYS ‍AS PART OF PREPARATION FOR SPIN-OFF, ELECTRONICS BUSINESS IS EXPECTED TO RECEIVE A CASH INJECTION FROM AUTOLIV, WITH UNDERLYING OBJECTIVE OF AUTOLIV TO REMAIN STRONG INVESTMENT GRADE​.SAYS ‍INTENT IS FOR SPIN-OFF TO BE TAX FREE TO STOCKHOLDERS BOTH IN US AND SWEDEN​.SAYS ‍ELECTRONICS BUSINESS WILL ASSUME A NEW COMPANY NAME TO BE ANNOUNCED AT A LATER STAGE.​.SAYS ‍IT IS ALSO EXPECTED TO BE LISTED IN UNITED STATES AND SWEDEN​.SAYS ‍BOTH COMPANIES ARE TO BE HEADQUARTERED IN STOCKHOLM, SWEDEN.​.  Full Article

Autoliv confirms conclusion of specific part of ongoing investigation with the European Commission
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Autoliv Inc ::Confirms conclusion of specific part of ongoing investigation with the European Commission.Confirmed that a specific part of an ongoing investigation by European Commission had been concluded for EUR 8.1 million​.Company accrued for amount in Q3 of 2017​.Recorded amount relates to discrete portion of EC investigation relating to two specific car manufacturers.  Full Article

Autoliv confirms conclusion of part of ongoing EU cartel probe
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Autoliv Inc , ALIVsdb.ST:AUTOLIV CONFIRMS CONCLUSION OF SPECIFIC PART OF ONGOING INVESTIGATION WITH THE EUROPEAN COMMISSION nB5N1JD00P.SAYS ‍A SPECIFIC PART OF AN ONGOING INVESTIGATION BY EUROPEAN COMMISSION HAD BEEN CONCLUDED FOR EUR 8.1 MILLION​.SAYS ‍MORE SIGNIFICANT PORTION OF ITS INVESTIGATION CONTINUES​.SAYS ‍MANAGEMENT DOES NOT BELIEVE OUTCOME OF THIS DISCRETE PORTION OF EC'S INVESTIGATION PROVIDES AN INDICATION OF TOTAL PROBABLE LOSS​.  Full Article

UPDATE 1-Sweden's Autoliv reports record orders for Veoneer before spin-off

STOCKHOLM, May 31 Autoliv , the world's largest maker of airbags and seatbelts, said it had seen record order intake over the past 12 months for its electronics business Veoneer and raised its longer-term forecast for some of its products.