Cummins delivered a mixed set of results for the quarter, surpassing the revenue expectations of Wall Street but missing out on earnings. Among some major events in the quarter, one was the completion of the acquisition of Meritor, the leading global supplier of mobility, braking, drivetrain, electric powertrain, and aftermarket solutions for industrial and commercial markets. Also, through its subsidiary Meritor, Cummins announced the completion of its acquisition of the commercial vehicles bus ....

21 Jan 2023
Cummins Inc: Acquisition Of Siemens’ Commercial Vehicles Business & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)

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Cummins Inc: Acquisition Of Siemens’ Commercial Vehicles Business & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
- Published:
21 Jan 2023 -
Author:
Ishan Majumdar -
Pages:
27 -
Cummins delivered a mixed set of results for the quarter, surpassing the revenue expectations of Wall Street but missing out on earnings. Among some major events in the quarter, one was the completion of the acquisition of Meritor, the leading global supplier of mobility, braking, drivetrain, electric powertrain, and aftermarket solutions for industrial and commercial markets. Also, through its subsidiary Meritor, Cummins announced the completion of its acquisition of the commercial vehicles bus ....