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Stock impact report

Tenneco Announces Completion of Strategic Investment to Accelerate Growth [Yahoo! Finance]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Yahoo! Finance
its Clean Air and Powertrain businesses from Apollo Fund X, with American Industrial Partners (AIP) investing alongside. This marks a significant milestone in Tenneco's continued transformation and positions the company for its next chapter of growth as a leading global supplier in the mobility sector. Tenneco will continue to operate as one unified company, with no changes to the management team or strategic direction. The transaction provides enhanced access to capital that will fuel targeted growth strategies, support innovation, and unlock new opportunities across key global markets. “With this investment now complete, Tenneco is fully equipped to accelerate growth across our global operations,” said Jim Voss, CEO of Tenneco. “Over the past two years, we've built a high-performing company with a culture rooted in safety, financial discipline, and operational excellence. With the continued support of Apollo, we are well-positioned to move faster, invest smarter, and execute on Show less Read more
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