Hints and tips:
...The two companies said they would work together to build an autonomous version of Daimler’s Freightliner Cascadia, a Class 8 truck currently equipped with driver-assist technology....
...It was through this investment vehicle that they bought nearly 30 per cent of Braas Monier, a German roof-tile maker, in 2016....
...vehicle classes....
...UBS thinks the specialty chemicals sale could fetch €9.2bn....
...A version of this article was first published by the Nikkei Asian Review on January 8. ©2018 Nikkei Inc. All rights reserved....
...Specialty pharma accounted for about half the merger arb fund at the start of 2017, according to documents from a European vehicle that mirrors its performance, and the fund has a long distance to go to...
...“The system never gets tired,” Wolfgang Bernhard told the FT this year speaking at the launch of its Freightliner truck. “It never gets distracted. It’s always at 100 per cent.”...
...Weaker performance in the subprime sector is being driven mainly by the weaker credit quality present in the 2013-2015 securitized pools, along with marginally lower used vehicle values....
...The share prices of Platform Specialty Products — which along with Nomad was also founded by dealmaker Martin Franklin — and Valeant Pharmaceuticals, have also fallen sharply....
...Mr Franklin recently set up Nomad Foods, an investment vehicle, to buy brands in the food retail sector....
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...Most recently, Mr Franklin launched another special purpose acquisition vehicle called Nomad Foods with billionaire Noam Gottesman to acquire frozen foods businesses....
...High-end or “specialty coffee”, which includes the coffee made from pods as well as artisanal drip brew, now accounts for more than half of all coffee consumed in the US....
...Daimler portrays the Inspiration as the next step from vehicles that warn drivers when they are leaving their lane and control braking if too close to the vehicle in front....
...chemicals group Platform Specialty....
...On Tuesday evening, Daimler, which sells more heavy trucks in North America than any other manufacturer, introduced the new truck — the Freightliner Inspiration — by driving it across the Hoover Dam on the...
...That “construct” has proved lucrative for Valeant’s biggest investors, which include ValueAct, the activist fund manager, and Pershing Square, the vehicle managed by hedge fund billionaire Bill Ackman....
...Since the crisis, Ellington has created and listed two permanent capital vehicles, a Reit and a $670m specialty finance company called Ellington Financial, which buys mortgage-backed securities and also...
...Phillips Specialty Products Inc (PSPI) – a subsidiary of Phillips 66, itself a spin-off from ConocoPhillips – will cost Berkshire Hathaway slightly less than $1bn, but Mr Buffett is not paying in cash....
...Many small operators, their margins squeezed because they use older, less fuel-efficient trucks, struggle to raise the finance to buy newer vehicles....
...The acquisition vehicle (or “blank check firm” as they’re called in the States) raised $150m to fund a purchase or merger with specialty chemical businesses or performance materials companies....
...Daimler Trucks, North America’s biggest truckmaker by sales, plans to cut 2,100 jobs, including 1,300 in North America, as the US economic slowdown starts to feed through to demand for commercial vehicles...
...Cars and motoring are not really FT Alphaville’s specialty. But we do love public spats....
...There are a handful of London buses using Enova systems, but its customers also include Navistar and Freightliner in the US....
...Trading in Globe Specialty Metals, a New York-based producer of silicon metal and alloys, began on Nasdaq in July....
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