German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006622

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006622

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Kuwait sells Mercedes shares Mercedes headquarters in Stuttgart-Untertürkheim: The ownership structure is changing somewhat as a result of the partial withdrawal of the Kuwaiti sovereign wealth fund. (Photo: dpa) After almost five decades, the Kuwaiti sovereign wealth fund is partially withdrawing from the Stuttgart carmaker Mercedes-Benz. The Kuwait Investment Authority puts 20 million Mercedes-Benz shares… Continue reading German Handelsblatt: Automaker: Kuwait faces partial withdrawal from Mercedes-Benz006619

Onward Security becomes part of the DEKRA family in the APAC region, DEKRA strengthens Cybersecurity Business

Acquisition of leading provider of Cybersecurity testing and certification services Onward Security has presence in major Asian markets STUTTGART, Germany, March 28, 2023 /PRNewswire/ — Expert organisation DEKRA, a global leader in safety, security, and sustainability, has announced its acquisition of Onward Security in Taiwan, a prominent provider of cybersecurity solutions. The acquisition comes as… Continue reading Onward Security becomes part of the DEKRA family in the APAC region, DEKRA strengthens Cybersecurity Business

Onward Security becomes part of the DEKRA family in the APAC region, DEKRA strengthens Cybersecurity Business

Acquisition of leading provider of Cybersecurity testing and certification services Onward Security has presence in major Asian markets STUTTGART, Germany, March 28, 2023 /PRNewswire/ — Expert organisation DEKRA, a global leader in safety, security, and sustainability, has announced its acquisition of Onward Security in Taiwan, a prominent provider of cybersecurity solutions. The acquisition comes as… Continue reading Onward Security becomes part of the DEKRA family in the APAC region, DEKRA strengthens Cybersecurity Business

Onward Security becomes part of the DEKRA family in the APAC region

DEKRA strengthens Cybersecurity Business  Acquisition of leading provider of Cybersecurity testing and certification services Onward Security has presence in major Asian markets STUTTGART, Germany, March 28, 2023 /PRNewswire/ — Expert organisation DEKRA, a global leader in safety, security, and sustainability, has announced its acquisition of Onward Security in Taiwan, a prominent provider of cybersecurity solutions.… Continue reading Onward Security becomes part of the DEKRA family in the APAC region

Atlas and Poseidon Announce Completion of Acquisition by Poseidon Acquisition Corp.

LONDON and TORONTO, March 28, 2023 /PRNewswire/ – Atlas Corp. (“Atlas” or the “Company”) (NYSE: ATCO) and Poseidon Acquisition Corp. (“Poseidon”), an entity formed by certain affiliates of Fairfax Financial Holdings Limited (“Fairfax”), certain affiliates of the Washington Family (“Washington”), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte. Ltd. (“ONE”),… Continue reading Atlas and Poseidon Announce Completion of Acquisition by Poseidon Acquisition Corp.

Credit Agricole launches China M&A and investment banking business

Credit Agricole, France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch of a new unit. The new unit, Credit Agricole (Beijing) Advisory Services, focuses on cross-border merger and acquisition, encompassing purchases, disposals and capital raising, it said in a statement on Monday. The unit… Continue reading Credit Agricole launches China M&A and investment banking business

Ford is about to break out big EV losses for the first time

Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford Motor is about to tell investors what they’ve long wondered: How much is the transition… Continue reading Ford is about to break out big EV losses for the first time