GTX News and Press, Garrett Motion Inc From 10/12/20

This real-money portfolio was first introduced to the Seeking Alpha community in December 2015. The portfolio outperformed its benchmark in Q3 2020, but it is still lagging the S&P 500's performance since late 2015. The portfolio was overweight Financials and Industrials headi...

Fulgent Genetics Set to Join S&P SmallCap 600 Fulgent Genetics Set to Join S&P SmallCap 600 PR Newswire NEW YORK, Sept. 21, 2020 NEW YORK , Sept. 21, 2020 /PRNewswire/ -- Fulgent Genetics Inc. (NASD: FLGT) will replace Garrett Motion Inc. (NY...

Fulgent Genetics (FLGT) has jumped 9.1% postmarket on news that it's joining the S&P SmallCap 600 index. It's replacing Garrett Motion (GTX), which is filing for bankruptcy and has to leave the index. The move is effective prior to the open of trading on Friday, Sept. 25. For further de...

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KPS Capital Partners Agrees To Acquire Substantially All Of The Assets Of Garrett Motion Inc. Canada NewsWire NEW YORK, Sept. 20, 2020 KPS TO PARTICIPATE IN COMPANY'S DIP FINANCING TO SUPPORT OPERATIONS KPS HAS OBTAINED COMMITTED EXIT FINANCING NEW YORK , ...

Company enters into a definitive agreement with KPS to serve as stalking horse bidder to purchase the business for $2.1 billion, subject to adjustment Company voluntarily files for Chapter 11 protection, with support of holders of approximately 61% of its outstanding senior secu...

Garrett Motion ( GTX -24.7% ) is in talks to file for Chapter 11 bankruptcy with a plan to sell its business to P-E firm KPS Capital Partners, WSJ reports. More news on: Garrett Motion Inc., Stocks on the move, Read more ...

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Garret Motion (NYSE: GTX )   considers bankruptcy filing as tensions rise with former parent Honeywell International over asbestos injury payments that includes over $1B liability and and payouts to victims. Filing could be processed within weeks, people familiar with the matter note....

Garrett Motion ( GTX -20.4% ) is preparing for a possible bankruptcy filing within weeks, WSJ reports, as tensions rise with former parent Honeywell ( HON +0.1% ) over asbestos injury payments and as sales have slumped during the pandemic. More news on: Garrett Motion Inc., Hon...