Visteon Signs Agreement to Divest Majority of Automotive Interiors Business to an Affiliate of Cerberus Capital Management – Represents second transaction in three-phase exit strategy; 90 percent of interiors business now under contract, offer or sold – First transaction – sale of Duckyang shares – now completed – In line with prior guidance to exit all of interiors with aggregate neutral value impact to Visteon – Transaction supports Visteon’s focus on core growth businesses: thermal management and cockpit electronic ecosystems PR Newswire VAN BUREN TOWNSHIP, Mich., May 2, 2014 VAN BUREN TOWNSHIP, Mich. , May 2, 2014 /PRNewswire/ — Visteon Corporation (NYSE: VC) today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec […]