WOLFSBURG,Germany: Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the matter said on Tuesday .
Europcar, which has market capitalisation of 390 million euros and net debt as of the end of March of more than 1 billion euros, has also attracted interest from private equity firms, including Apollo Global Management Inc , the sources added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volkswagen sees V-shaped recovery lasting into 2022Volkswagen expects a V-shaped recovery lasting into 2022, its sales chief said on Tuesday, as businesses try to work out how quickly they will ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Scores of Volkswagen's Mexico staff test positive for coronavirusVolkswagen AG's Mexican unit on Monday said about 2per cent of its workers tested for coronavirus had contracted the disease at some point, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Scores of Volkswagen's Mexico staff members test positive for COVID-19Volkswagen AG's Mexican unit on Monday said about 2per cent of its workers tested for coronavirus had contracted the disease at some point, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Border guards, civilian killed in ambush by armed group in western MyanmarYANGON (Xinhua) - Three border guards and one civilian were killed in an ambush by the Arakan Army armed group in Myanmar's restive Rakhine state, Myanmar's military spokesman told Xinhua on Tuesday (June 23).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Mercedes-Benz cars to be built on Nvidia autonomous driving platform from 2024Semiconductor maker Nvidia Corp said on Tuesday it struck a deal with Germany's Daimler Mercedes-Benz to provide cars produced from 2024 with a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Man fined for breaking circuit breaker rules, denting police carA restaurant employee breached circuit breaker measures on April 19 and met up with five colleagues for a drinking session. Filipino Navarro Charles Josef Guimere, 24, who was later spotted drunk in public, became unruly when police approached him in the wee hours the next...
Source: thenewpaper - 🏆 7. / 63 Read more »