Tata Motors plans to raise close to €1 billion through equity via either a rights issue or qualified institutional placement (QIP) and monetise its stake in Tata Capital to help repay a €3.8 billion bridge loan it will use to acquire Italy’s Iveco Group, Group CFO PB Balaji said. The funding strategy is expected to… Continue reading Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
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Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Tata Motors plans to raise close to €1 billion through equity via either a rights issue or qualified institutional placement (QIP) and monetise its stake in Tata Capital to help repay a €3.8 billion bridge loan it will use to acquire Italy’s Iveco Group, Group CFO PB Balaji said. The funding strategy is expected to… Continue reading Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Wallarm Announces $55 Million in Series C to Transform API Security for the AI Era
SAN FRANCISCO, July 31, 2025 /PRNewswire/ — Wallarm, the leader in API and AI security, announced today the closing of the company’s $55 million in Series C investment led by Toba Capital. The funding will enable Wallarm to continue massively scaling its top line and innovating ahead of the curve in the API Security market… Continue reading Wallarm Announces $55 Million in Series C to Transform API Security for the AI Era
IFS Partners with Climatiq to Launch Emissions Management in IFS Cloud
New white paper explores how embedded sustainability transforms operational data into actionable emissions insights LONDON, July 31, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, has announced a strategic partnership with carbon intelligence platform Climatiq, coinciding with the launch of its new Emissions Management module in IFS Cloud. This… Continue reading IFS Partners with Climatiq to Launch Emissions Management in IFS Cloud
Shoulder Innovations Announces Pricing of Initial Public Offering
GRAND RAPIDS, Mich., July 30, 2025 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a public offering price of $15.00 per share. In addition, Shoulder Innovations has… Continue reading Shoulder Innovations Announces Pricing of Initial Public Offering
ASUR SIGNS DEAL TO ACQUIRE URW’S AIRPORT RETAIL CONCESSIONS AT KEY TERMINALS AT NEW YORK JFK, LOS ANGELES LAX, AND CHICAGO ORD AIRPORTS
MEXICO CITY and PARIS, July 30, 2025 /PRNewswire/ — Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE:ASR; BMV:ASUR) (ASUR) and Unibail-Rodamco-Westfield (XPAR: URW) (URW) today announced that ASUR’s subsidiary ASUR US Commercial Airports, LLC entered into a purchase agreement with URW’s wholly-owned subsidiary Westfield Development, Inc. to acquire all of the issued and outstanding equity interest of URW… Continue reading ASUR SIGNS DEAL TO ACQUIRE URW’S AIRPORT RETAIL CONCESSIONS AT KEY TERMINALS AT NEW YORK JFK, LOS ANGELES LAX, AND CHICAGO ORD AIRPORTS
BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Edward Rito Named Campus President of UTI-Miramar
Military veteran brings decades of higher education experience to South Florida campus. PHOENIX and MIRAMAR, Fla., July 30, 2025 /PRNewswire/ — Universal Technical Institute (UTI), the transportation, skilled trades, electrical, and energy division of Universal Technical Institute, Inc., today announced that Edward (“Ed”) Rito has been named Campus President of UTI-Miramar. Continue Reading UTI-Miramar Rito… Continue reading Edward Rito Named Campus President of UTI-Miramar
Are things about to go from bad to worse for Tesla?
Tesla can normally rely on positive commentary from its biggest champion in the investment community, Morgan Stanley analyst Adam Jonas. After the second-quarter results and call featuring CEO Elon Musk, however, the Tesla ‘mega-bull’ was nonplussed. “Almost no detail on outlook. Tesla’s outlook continues to lack any specific targets on revenues or margins,” he wrote… Continue reading Are things about to go from bad to worse for Tesla?