Hints and tips:
...That followed a $1bn investment in German real estate group Vonovia in a similar structure....
...He said the auto and health sectors were areas where regulators could still move to clamp down on emerging dominant positions and that these were where “the new turf wars are going to be....
...Volkswagen has said it is planning to list shares in Porsche, the German group’s moneymaking brand that has pledged to make 80 per cent of its cars electric by the end of the decade....
...Among the auto tech companies that have gone public this year, few have sold a single product....
...US small business rescue (FT) T-Mobile completes merger with Sprint (Reuters) BoE dividend pressure reignites HSBC domicile debate (FT) Buybacks are no longer enough to win investors’ approval (FT) Auto...
...Efforts by the German carmaker to develop autonomous vehicles are widely viewed as lagging behind those of decade-old Alphabet subsidiary Waymo, which is considered to be leading the race, as well as the...
...A business with one large client, and geographic constraints, may bring to mind a widget maker in a larger local supply chain — say for a German auto company — but to be honest, this one may prove a step...
...While Biffa has managed to return to the London market, TI Fluid Systems, the auto parts maker, decided to pull its IPO last Thursday....
...Hellman & Friedman owns a similar business to Auto Trader — Scout24, a German digital marketplace for cars and real estate, bought in November 2013 from Deutsche Telekom....
...An intellectual and pragmatist, he won the admiration of the auto industry during the 2008-2009 crisis by calling for a “scrapping subsidy” to incentivise new car purchases....
...“There’s going to be a bit of pride taken in China that a Chinese company . . . can do it just as good as German companies, American companies, Japanese companies,” he says....
...The growth of parallel car imports will put further pressure on car companies in the world’s largest auto market....
...Loan-to-own transactions this year have included New York-based Centerbridge Partners, a relative newcomer in Europe, taking over German auto-repair company ATU from private equity group KKR in December....
...“The auto industry demands heavy initial investment before you are able to sell cars,” he said....
...Whether it’s bottom-numbing sessions of Grand Theft Auto or a quick train-journey blast of Angry Birds, games are everywhere. “A lot of people now will have some games on their mobile phones....
...Before the war they, with Auto Union [the company and racing team that would later be known as Audi], were very much the top concern....
...“We think that only Porsche and Ferrari can claim to have ever met or exceeded this level of profitability in the global auto industry.”...
...VW, the market leader, calls China its “second home market”, but it is really its first: the German group sold 457,000 cars there in the first quarter, more than 25 per cent of its total, and the most by...
...He works with Harald Hendrikse in the European automotive research team, focusing directly on French automakers, European auto suppliers and tyre makers....
...It also owns Asahi Tec Corporation, a Japan-listed auto parts maker; Colombia Music Entertainment, a catalogue of Japanese music; Niles, a Tokyo-based maker of auto switches and sensors; and Phoenix Seagaia...
...Sale of Talecris Biotherapeutics, carved out from German conglomerate Bayer, is likely to return Cerberus six times its initial investment, assuming the approvals come through as expected, according to...
...Chrysler bondholders, by contrast, are peeved to have been offered less for their claims, even though they should rank ahead of the United Auto Workers. JC Flowers is in the trickiest position....
...It could be structured as a leveraged buy-out, with an investor raising debt backed by German guarantees. Sovereign wealth funds might be interested....
...The French, Italian and especially the German market all recovered last month thanks to the government incentives to scrap old cars for new ones....
...The formerly sedate German property lender nearly collapsed last month before being bailed out, at the second attempt, with €50bn ($63bn) of liquidity guarantees from the German government and a banking...
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