Carl Icahn’s Federal-Mogul Holdings LLC is considering a sale of its Fel-Pro engine parts business, according to a report by Crain’s Detroit Business.
Sept. 18, 2017—Carl Icahn’s Federal-Mogul Holdings LLC is considering a sale of its Fel-Pro engine parts business, according to a report by Crain’s Detroit Business.
Fel-Pro has about $180 million in earnings before interest, taxes, depreciation and amortization, says the report. Icahn is seeking about eight times Ebitda, which implies a desired sale price of about $1.5 billion, reports Crain’s.
Icahn is working with Chicago-based XMS Capital Partners LLC as an advisor on the sale process, reports one of the people that Crain’s spoke to.
Our dedicated Valvoline Trusted Advisor Sales and Support Team provides hands-on classroom and targeted in-store coaching to help your employees become more skilled at selling...
Reinvigorate your team and business success behind Valvoline's proven strategy that helps separate your business from competitors and create meaningful growth in sales and customer...
