Recent events
Recent events tied to this brand in public sources.
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2022
Apollo funds agree to acquire Tenneco
Tenneco announced a definitive agreement to be acquired by funds managed by affiliates of Apollo in an all-cash transaction with an enterprise valuation of approximately $7.1 billion, including debt. The transaction was subject to shareholder and regulatory approvals and was expected to close in the second half of 2022.
2021
Tenneco CVSAe suspension technology announced for China debut in Zeekr 001
Tenneco announced that its CVSAe electronic suspension technology would make its China debut in the Zeekr 001, which the article describes as the first vehicle made in China by a major automaker to use the technology.
2021
Tenneco prices senior secured notes offering
Tenneco announced that it priced an offering of $800 million in aggregate principal amount of 5.125% Senior Secured Notes due 2029. The offering was expected to close on March 17, 2021, subject to customary closing conditions.
2020
Tenneco's IROX 2 technology receives 2020 Automotive News PACE Award
Tenneco's Powertrain business group received a 2020 Automotive News PACE Award for its second-generation polymer bearing technology, IROX 2.
2020
Tenneco provides 2020 financial outlook
Tenneco said it expected 2020 revenue of $16.7 billion to $17.1 billion and adjusted EBITDA of $1.3 billion to $1.45 billion.
2020
Tenneco reports fourth-quarter and 2019 results
Tenneco announced its fourth-quarter and 2019 financial results. It reported fourth-quarter revenue down 3.2% year over year to $4.1 billion and a full-year net loss of $314 million.
2020
Tenneco appoints Chuck Stevens III to its board
Tenneco announced the appointment of Charles “Chuck” K. Stevens III to its Board of Directors, effective February 5, 2020.