Every Spin-Off
PHINIA
PHINCompletedSpin of PHINIA (PHIN) fuel systems and aftermarket units
- Distribution date
- 5 Jul 2023
- Structure
- Spin-off
- Parent
- BorgWarner (BWA)
- Spin-off ticker
- PHIN
- 2-year mark
- 5 Jul 2025
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
5 Jul 2023100%5 Jul 2025
Source documents
- Press releaseSearch SEC EDGAR
- PresentationInvestor Day presentation (06/23)
- Information statementSearch SEC EDGAR
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email