APTV · 8-K · 20260804PR000057

Acquisition / Partnership / Divestiture

Aptiv PLC · 2026-08-04 · Importance 34 · Surprise 60 · In source text

Aptiv completed the spin-off of its former Electrical Distribution Systems segment into Versigent PLC on April 1, 2026. Electrical Distribution Systems is classified as discontinued operations for all periods presented, and Aptiv received a dividend of approximately $1.9 billion from Versigent. Aptiv used the spin-off proceeds to redeem outstanding debt before maturity, including $1.847 billion of senior notes in April.

Key facts

• The Company received a dividend of $1,920 million from the spin-off of Versigent (recorded in cash flows from financing activities). source
• In connection with the EDS spin-off, Aptiv received a cash dividend of approximately $1.9 billion from Versigent, which the Company used to opportunistically redeem outstanding debt prior to maturity. source
• The Company classified the Electrical Distribution Systems segment as discontinued operations for all periods presented and received a cash dividend of $1.9 billion in connection with the spin-off. source
• Spin-off of Electrical Distribution Systems (EDS) into Versigent PLC completed on April 1, 2026; EDS results presented as discontinued operations for all periods presented. source

Impact estimates