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Showing results for Selzer Automotive LP
...Britishvolt’s plan to build a “gigafactory” for electric vehicle batteries on the site of a former power station had been symbolic of the UK’s efforts to compete in high-tech automotive manufacturing, before...
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...AMS-Osram has staked its future on supplying the automotive and healthcare industries. It is aiming to capture a slice of the burgeoning microLED business....
...Some of Clearlake’s deals, such as automotive parts distributor Wheel Pros, have soured due to heavy debt burdens and a deterioration in their financial performance....
...He has also been one of the company’s most active dealmakers during a career spanning more than two decades, focusing on industrial takeovers such as buyouts of automotive supplier Allison Transmission,...
...The south-east Asian nation has a decent automotive manufacturing base, tolerable infrastructure and some minerals useful to battery makers....
...months, Emerson has sold “non-core” businesses including garbage disposal machinery and temperature sensors as it seeks to reinvest in its most important business of selling automation machinery to the automotive...
...In recent months, Apollo has announced a $3bn financing package for AB InBev’s US canning plants, acquired a major supplier of automotive parts, and bought a portfolio of online media assets that have been...
...Assume an early rebound in the automotive industry, however, and the offer price looks mean....
...Osram, which was spun out of Siemens six years ago, makes half of its revenue from the automotive sector and would help AMS reduce its reliance on Apple, which is its major source of sales....
...Osram chose to specialise; half of its sales go to the automotive sector. A slump in global car sales is one reason for the company’s trouble....
...Long-term, however, automotive is still expected to be a major driver of growth for Osram....
...PPG shares fell 10 per cent on Tuesday after the Pittsburgh-based company late on Monday cautioned that it expects to post weak third-quarter earnings, blaming soft demand in China, weaker automotive refinish...
...But competitors like Axalta, which was spun out of Dupont, have been encroaching on PPG’s mainstay of automotive coatings, according to analysts....
...KKR is in talks to buy Magneti Marelli, the automotive component maker, in a deal that could be worth as much as €6bn, say two people with direct knowledge of the matter....
...The idea would be to create a holding company and then separately list its two units: tyres and automotive....
...Blackstone has agreed to sell vehicle parts distributor Alliance Automotive Group for $2bn, more than three times the price the private equity group paid for the company just three years ago....
...The largest price falls came from domestic travel holiday travel and accommodation (down 3.2 per cent) and automotive fuel (down 2.5 per cent)....
...One thing to start: The UK’s Melrose Industries will press ahead with a £7.4bn hostile bid for automotive-to-industrial engineering group GKN on Thursday morning, London time, by publishing its offer document...
...KKR on Tuesday agreed to pay ¥498bn ($4.5bn) for Calsonic Kansei, a leading automotive component supplier, in a move that breaks the Japanese company’s longstanding and close ties with Nissan....
...“Compared with a year ago, demand for our products continued to be strong in the automotive market, and grew in the industrial and communications equipment markets....
...In addition to an international presence and funding capability, bankers say the investor will also need expertise in the automotive industry, to provide reassurance about the quality of Takata’s products...
...Brookfield and its partners will also be acquiring the Bulk & Automotive Ports Services business for A$925m....
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