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Tenneco Inc (TEN.N)

TEN.N on New York Stock Exchange

50.72USD
20 Apr 2018
Change (% chg)

$-0.86 (-1.67%)
Prev Close
$51.58
Open
$51.16
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$51.47
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$50.31
Volume
152,005
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Wed, Apr 11 2018

Deals of the day-Mergers and acquisitions

April 10 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. | Video

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. | Video

UPDATE 4-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln

* Co to separate businesses into independent, publicly traded cos

BRIEF-Tenneco Entered Debt Commitment Letter, Under Which JPMorgan Chase Bank, N.A. & Barclays Bank Have Committed To Provide $4.9 Billion Of Debt Financing

* ENTERED DEBT COMMITMENT LETTER, UNDER WHICH JPMORGAN CHASE BANK, N.A. & BARCLAYS BANK HAVE COMMITTED TO PROVIDE $4.9 BILLION OF DEBT FINANCING

BRIEF-Tenneco Will Pay $200 Mln To Icahn Enterprises' American Entertainment Properties If Deal Terminates Under Some Circumstances

* WILL PAY TERMINATION FEE OF $200 MILLION TO ICAHN ENTERPRISES' AMERICAN ENTERTAINMENT PROPERTIES IF DEAL TERMINATES UNDER SOME CIRCUMSTANCES Source text: (https://bit.ly/2qj3z8l) Further company coverage:

Auto parts maker Tenneco to buy Federal-Mogul for $5.4 bln

April 10 Auto parts maker Tenneco Inc said on Tuesday it would buy Federal-Mogul, a maker of powertrain components, from Icahn Enterprises LP for $5.4 billion.

BRIEF-Tenneco Announces Executive Chairman Gregg Sherrill's Retirement

* TENNECO INC - EXECUTIVE CHAIRMAN GREGG SHERRILL INTENDS TO RETIRE FROM TENNECO, EFFECTIVE MAY 16, 2018 Source text for Eikon: Further company coverage:

BRIEF-Tenneco Q4 Earnings Per Share $1.33

* EXPECTS CONSTANT DOLLAR TOTAL REVENUE GROWTH OF 3% IN THE FIRST QUARTER 2018

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