The public offering should commence in Q4 2021. Hertz will trade under its old symbol HTZ. Photo via Enjosmith/Flickr. Hertz Global Holdings, Inc. announced on Oct. 15 that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed public offering of its common stock. The news comes shortly after the… Continue reading Hertz Prepares for New Nasdaq Listing
Tag: Morgan
Autos & Transportation · 9:43 PM UTCMichigan judge tosses GM lawsuit against Fiat ChryslerA Michigan judge has thrown out a lawsuit that General Motor…
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook WASHINGTON, Oct 17 (Reuters) – A Michigan judge has thrown out a lawsuit that General Motors Co (GM.N) filed against Stellantis’ Fiat Chrysler Automobiles (FCA) that accused its rival of fraud and… Continue reading Autos & Transportation · 9:43 PM UTCMichigan judge tosses GM lawsuit against Fiat ChryslerA Michigan judge has thrown out a lawsuit that General Motor…
Tata Motors raises $1b from TPG, ADQ for electric vehicle business
Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ to expand its electric vehicle business, the company said on Tuesday. Tata Motors will form a separate electric vehicle unit in which TPG and ADQ will hold between 11% and 15%, valuing the new entity at… Continue reading Tata Motors raises $1b from TPG, ADQ for electric vehicle business
Kyte Raises $30 Million Series A Funding
With rapid expansion across the country, Kyte is eyeing a future of rental teleoperation and fully autonomous vehicle delivery. Photo: Kyte Kyte has announced a $30 million Series A funding round led by Park West Asset Management and Sterling Road. The on-demand car rental company launched in 2019 and is building infrastructure to support its goal of enabling teleoperation… Continue reading Kyte Raises $30 Million Series A Funding
@Groupe PSA: PR Faurecia launches public takeover offer for Hella002550
Faurecia, with its wholly owned subsidiary Faurecia Participations GmbH as bidding entity, today published the offer document for its voluntary public takeover offer in cash for all outstanding shares of Hella, a major automotive player in lighting and electronics based in Lippstadt, Germany. The offer price is €60.0 per share in cash. This represents a… Continue reading @Groupe PSA: PR Faurecia launches public takeover offer for Hella002550
TechnologySoftBank-backed Oyo to file for $1.2 bln IPO next week – source4:25 AM UTC
The logo of OYO, India’s largest and fastest-growing hotel chain, is seen installed on a hotel building in New Delhi, India, April 3, 2019. REUTERS/Adnan Abidi/File Photo BENGALURU, Sept 23 (Reuters) – SoftBank Group (9984.T)-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to… Continue reading TechnologySoftBank-backed Oyo to file for $1.2 bln IPO next week – source4:25 AM UTC
Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period
Companies File for Regulatory Approvals in the European Union and China AURORA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition… Continue reading Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period
Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth
BEIJING, Sept. 16, 2021 /PRNewswire/ — Autohome Inc. (2518.HK/ATHM.US) held its Investor Day 2021 in Beijing on September 15, 2021. Investors and analysts from Morgan Stanley, Credit Suisse, CITIC Securities, China Securities, Harvest Fund and other well-known international and domestic investment institutions, as well as journalists from various financial and economic media outlets, participated in… Continue reading Autohome Investor Day: Strategic Upgrading of Auto Eco Fosters New Growth
@Ford: Lisa Drake to Discuss Ford’s Plans to Lead in the Electric Revolution at Morgan Stanley Virtual Laguna Conference
DEARBORN, Mich.–(BUSINESS WIRE)–Lisa Drake, COO, Ford North America, will discuss Ford’s commitment to environmental sustainability and its plans to lead in the electric revolution at the Morgan Stanley Laguna Conference at 1:30 p.m. ET on Monday, Sept. 13. Drake will highlight Ford’s differentiated approach as it electrifies its iconic nameplates like the F-150 Lightning, Mustang… Continue reading @Ford: Lisa Drake to Discuss Ford’s Plans to Lead in the Electric Revolution at Morgan Stanley Virtual Laguna Conference
Veoneer Files Definitive Proxy in connection with Magna Merger Agreement
– Continues to recommend Magna merger at this time – Continues discussions with Qualcomm regarding potential transaction STOCKHOLM, Sept. 9, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that it has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) ahead of… Continue reading Veoneer Files Definitive Proxy in connection with Magna Merger Agreement