Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny. The search company on Wednesday launched a 5.5 year and 10-year U.S. dollar fixed rate senior unsecured sustainable notes transaction. It didn’t… Continue reading China’s Baidu launches US dollar bond amid regulatory uncertainty at home
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Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
Prosus Ventures, TPG Growth, CDPQ and Temasek are among PharmEasy’s top investors. The decision not to cash out their stakes during the IPO indicates confidence among PharmEasy’s investors about the growth potential of the company and the online pharmacy market. The growth potential has already drawn India’s largest conglomerates, including the Tata group and Reliance… Continue reading Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
Platinum Equity Completes Acquisition Of Global Aerospace Supply Chain Services Provider Unical Aviation
LOS ANGELES, Aug. 16, 2021 /PRNewswire/ — Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company’s founders. The acquisition includes Unical Aviation, Unical MRO, Unical 145… Continue reading Platinum Equity Completes Acquisition Of Global Aerospace Supply Chain Services Provider Unical Aviation
EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
The EV space was brimming with activity in the week ended Aug. 13, with fund raising and earnings dominating the headlines. Tesla’s July Deliveries Tumble But Musk Isn’t Bothered: Tesla, Inc. (NASDAQ: TSLA)’s China sales fell 69.4% month-over-month in July, according to data released by industry body China Passenger Car Association. About three-fourth of the… Continue reading EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
NIO Inc. (NIO) Q2 2021 Earnings Call Transcript
Motley Fool Why Fisker Stock Crashed Today Shares of start-up electric car company Fisker (NYSE: FSR) were suffering from an 8.6% sell-off at 11:15 a.m. EDT on Thursday. Capitalizing on the strong share-price surge that followed Morgan Stanley’s announcement, Fisker made an announcement of its own after the close of trading last night: It is selling… Continue reading NIO Inc. (NIO) Q2 2021 Earnings Call Transcript
Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
DETROIT, Aug 11 (Reuters) – Ford Motor Co’s (F.N) electric vehicle battery joint venture with South Korea’s SK Innovation Co Ltd (096770.KS) will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture with SK to produce about 60 gigawatt-hours (GWh) annually in battery cells… Continue reading Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2021 Results and Conference Call
LONDON, Aug. 11, 2021 /PRNewswire/ — Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced today that it will release its results for the three and six months ended June 30, 2021 after markets close in New York on Monday, August 16, 2021. The… Continue reading Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2021 Results and Conference Call
TransDigm Response to Meggitt PLC Announcement
CLEVELAND, Aug. 11, 2021 /PRNewswire/ — This press release is being issued in response to the announcement from Meggitt PLC regarding TransDigm’s approach to Meggitt for a possible acquisition. The below press release was made in accordance with Rule 2.4 of the City Code on Takeovers and Mergers. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN… Continue reading TransDigm Response to Meggitt PLC Announcement
Aptiv to Present at the J.P. Morgan 2021 Auto Conference
DUBLIN, Aug. 10, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s President and Chief Executive Officer, Kevin Clark, and Chief Financial Officer and Senior Vice President, Business Operations, Joseph Massaro, will present at the J.P. Morgan 2021 Auto Conference, August 12 at 12:00… Continue reading Aptiv to Present at the J.P. Morgan 2021 Auto Conference
@Ford: Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference