American Industrial Partners Capital Fund VII completes acquisition of Veoneer

SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer

American Industrial Partners Capital Fund VII completes acquisition of Veoneer

SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer

American Industrial Partners Capital Fund VII completes acquisition of Veoneer

SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer

Reports: Nissan in talks over £316m Fisker lifeline

Nissan is reportedly in talks to invest $400 million (£316m) in ailing electric car start-up Fisker. Fisker yesterday announced it has paused development of its affordable compact EV, the Pear, having made a loss of $463.6 million (£366m) during the fourth quarter of 2023. CEO and founder Henrik Fisker added that the company was seeking a collaboration with… Continue reading Reports: Nissan in talks over £316m Fisker lifeline

American Industrial Partners Capital Fund VII completes acquisition of Veoneer

SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer

Fisker Pear EV delayed as company seeks investment

Fisker has paused development of its affordable compact EV, the Pear, amid talks with an unnamed car maker for investment into the cash-strapped company. Fisker started rolling out deliveries of its Fisker Ocean electric SUV late last year but has struggled with cashflow amid a wider cooling off of investor confidence in pre-profit EV companies.… Continue reading Fisker Pear EV delayed as company seeks investment

Boston Drug and Device Litigator Moves to Shook

BOSTON, Feb. 29, 2024 /PRNewswire/ — Shook, Hardy & Bacon welcomes drug and device litigator Lisa Oliver White to the firm as partner. White will join Shook’s world renowned Product Liability Litigation Practice and focus primarily on drug and device litigation. She has a longstanding relationship with Shook, having been on trial teams with the… Continue reading Boston Drug and Device Litigator Moves to Shook

@Fisker: Fisker Signs Additional US Dealer Partners in New York State, Florida, and Indiana000215

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today it has signed two new dealer partners in the US. Dealers joining the Dealer Partnership program are Bul Auto Sales, which plans to open Fisker Albany in New York state and Fisker… Continue reading @Fisker: Fisker Signs Additional US Dealer Partners in New York State, Florida, and Indiana000215

La TSX approuve la déclaration d’intention de procéder à une offre publique de rachat dans le cours normal des activités

AURORA, Ontario, 27 févr. 2024 (GLOBE NEWSWIRE) — Magna International, Inc. (TSX : MG, NYSE : MGA) annonce ce jour que la bourse de Toronto, ci-après « TSX », a approuvé sa déclaration d’intention de procéder à une offre publique de rachat dans le cours normal des activités, ci-après, la « Déclaration ». Conformément à la Déclaration, Magna peut acheter jusqu’à 300 000 actions… Continue reading La TSX approuve la déclaration d’intention de procéder à une offre publique de rachat dans le cours normal des activités

TSX akzeptiert Absichtserklärung zum Rückkauf von Aktien im Rahmen eines NCIB

AURORA, Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) hat heute bekanntgegeben, dass die Toronto Stock Exchange („TSX“) die Absichtserklärung des Unternehmens zur Abgabe eines normalen Emittentenangebots (die „Erklärung“ oder der „NCIB“) angenommen hat. Gemäß der Erklärung kann Magna bis zu 300.000 Magna-Stammaktien (das „Angebot“) erwerben. Dies entspricht etwa 0,11… Continue reading TSX akzeptiert Absichtserklärung zum Rückkauf von Aktien im Rahmen eines NCIB