Head Topics

VW considers buying a majority stake in Europcar

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Rental firm has turned down offers and carmaker is still discussing the potential acquisition

Volkswagen confirmed it is considering an acquisition of a majority stake in Europcar Mobility Group to expand its offerings of mobility services.

“A potential transaction could generally be attractive for VW,” the carmaker said. “It represents one of several options to give VW access to a platform that would support VW’s long-term mobility vision and strengthen VW’s spectrum of products and services.” VW, Attestor and Pon’s rebuffed offer represented a 12% premium to Europcar’s Tuesday closing price. The stock has risen as much as 18% during the past two trading days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Old Mutual surge adds R4bn to market value as investors cheerInsurance group says it intends to unbundle most of its Nedbank stake Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. GregBdie thank you for your proper management,🙏🏻🙏🏻
Source: BDliveSA - 🏆 12. / 63 Read more »

Slight drop in new Covid-19 cases in SAGauteng (9 521) accounts for the majority of new cases (59%), followed by the Western Cape (1 912), North West (1 143) and Limpopo (867). NICD Covid19 3rdwave Did you verify your facts? I saw a recommendation about the works of Ethans_Maxwell and lots of investors keep saying reach out to him, I eventually did and it turned out to be truth and legit. Here he is 👉🏻 Ethans_Maxwell
Source: IOL - 🏆 46. / 51 Read more »

This is why you cannot buy crypto with your credit cardSouth African investors are wondering why they cannot buy crypto from foreign exchanges with their credit cards. Earn 6% Cash Back In Crypto Just By Buying What You Normally Buy. BlockCard CryptoBack CryptoNews CryptoMoney
Source: TheCitizen_News - 🏆 6. / 75 Read more »

'Selfish' weigh-ins a health hazard, warns NdongeniBoxing SA must move with the times and conduct private weigh-ins early in the morning to allow boxers enough time to recover from the torture of starving themselves to be within required weight limits, says Xolisani Ndongeni.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Table Mountain fires were deliberate arson, investigations revealInvestigators are now considering offering a R10,000 reward for any information on the mysterious vehicle seen on CCTV. Who would benefit from such fires, I wonder...? Unfortunately the Western Cape are applying good governance and the opposition political agendas are destruction of all standards and good service levels.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Get your spending spree on: Facebook's shops are coming to WhatsAppWhatsApp users will soon be able to view a shop on the app so they can chat with a business before buying something.
Source: TimesLIVE - 🏆 28. / 59 Read more »