The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, two sources said, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped. A consortium led by private equity firm Japan Industrial Partners (JIP) was granted preferred bidder… Continue reading Toshiba’s preferred bidder offers to pay price short of key 6,000 yen a share
Category: Automotive
EQT takes over HK-based Baring Private Equity Asia
Swedish private equity group EQT has completed the acquisition of Hong Kong-based Baring Private Equity Asia (BPEA) to create what the firm called a global leader in active ownership strategies. The deal was said to be worth €6.8 billion ($6.7 billion) when it was announced in March, making it the biggest takeover of a private… Continue reading EQT takes over HK-based Baring Private Equity Asia
China Digest: imBee raises $5m; Tecon Biology’s arm bags $139m
Hong Kong-based chat management platform imBee has raised $5 million in a Series A round, while Tecon Pharmaceutical, a subsidiary of the Shenzhen-listed Tecon Biology, has secured $139 million to expand its manufacturing capabilities. imBee raises $5m in a Series A round Hong Kong-based chat management platform imBee has raised $5 million in a Series… Continue reading China Digest: imBee raises $5m; Tecon Biology’s arm bags $139m
Stellantis debuts pure-electric Jeep, pledges new target on energy self-sufficiency – CNBC
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that the company would use its own sites to generate half the energy it needs for manufacturing by the middle of… Continue reading Stellantis debuts pure-electric Jeep, pledges new target on energy self-sufficiency – CNBC
Mercedes Pledges Robust Results Regardless of Gloomy Conditions – Bloomberg
Mercedes Pledges Robust Results Regardless of Gloomy Conditions Bloomberg Go to Source
@Groupe PSA: OP fancy #TeamOpel?000446
1Applications can now be submitted online at www.bildung-opel.de: In the coming year, Opel will again be offering 120 young people the opportunity to start their careers with an apprenticeship, a dual or cooperative course of study at the Rüsselsheim site. 2The training is important: After all, Opel can look back on 155 years of training… Continue reading @Groupe PSA: OP fancy #TeamOpel?000446
@Groupe PSA: OP Sure sense of trends000445
The football fans had to wait until Sunday for the highlights of the Bundesliga weekend: the two who surprisingly led the table met those who are normally expected to be in the top ranks. Exciting. And how did it turn out? The “Iron” from Berlin also defended themselves 2-0 against Dortmund and thus their place… Continue reading @Groupe PSA: OP Sure sense of trends000445
@VINFAST: Vingroup : Vinfast announces its headquarters in germany, france and the netherlands
Paris, October 17th 2022 – VinFast, the first Vietnamese electric vehicle (EV) manufacturer, revealed further details of its European business strategy today at the 2022 Paris Motor Show and announced the opening of dedicated country headquarters in Germany, France and the Netherlands. The opening of the headquarters aims to amplify VinFast’s business activities in the… Continue reading @VINFAST: Vingroup : Vinfast announces its headquarters in germany, france and the netherlands
@VINFAST: Vingroup : Vinfast scoops autobest the rising star award
Paris, October 17th 2022 – VinFast, the first Vietnamese electric vehicle (EV) manufacturer, proudly received the AUTOBEST The Rising Star award in a ceremony at the 2022 Paris Motor Show. The award is to recognise the rapid emergence of VinFast: from a newcomer to leading the pack of ambitious new automotive brands in Europe.The AUTOBEST… Continue reading @VINFAST: Vingroup : Vinfast scoops autobest the rising star award
Industrial park growing as hub for global business
BEIJING, Oct. 18, 2022 /PRNewswire/ — A news report from chinadaily.com.cn: Leading German auto parts manufacturer Webasto announced in July that it will build a global research center at the Sino-German International Industrial Park in Wuhan, Hubei province. Continue Reading Wuhan East Lake High-tech Zone has more than 4,000 national high-tech enterprises and is the… Continue reading Industrial park growing as hub for global business