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Stories about: merger

Marchionne Doesn’t Give Up: FCA – GM Merger Would Generate $30 Billion a Year
Marchionne Doesn’t Give Up: FCA – GM Merger Would Generate $30 Billion a Year

31 Aug 2015, 20:35 UTC · By: Gabriel Nica / Sergio Marchionne's proposal that FCA would merge with General Motors has been rejected to put it mildly but he's not about to give up

 
ZF Buys TRW in Attempt to Create Bosch-Rivaling Supply Giant
ZF Buys TRW in Attempt to Create Bosch-Rivaling Supply Giant

20 Nov 2014, 16:56 UTC · By: Gabriel Nica / It’s been a tight-lipped rumor for some time but today it was confirmed. ZF Friedrichshafen bought TRW Automotive today in a $13.5 billion deal, in a daring move to create a supply giant that ...

 
VW Looking at Fiat-Chrysler Acquisition?
VW Looking at Fiat-Chrysler Acquisition?

17 Jul 2014, 19:07 UTC · By: Jeffrey Ross / Reports are starting to come out this afternoon that Volkswagen AG and Fiat Chrysler Automobiles have recently held discussions for the German automaker to acquire some or all of the newly formed It...

 
Porsche Shares Drop 14% After News of VW Merger Delay
Porsche Shares Drop 14% After News of VW Merger Delay

10 Sep 2011, 15:15 UTC · By: Mihnea Radu / Here’s the facts first: Porsche SE racked up an impressive €10 billion in debt while it was attempting to take over fellow German automaker Volkswagen. Shortly after, the two automakers a...

 
Volkswagen’s Merger With Porsche Delayed Again
Volkswagen’s Merger With Porsche Delayed Again

9 Sep 2011, 12:21 UTC · By: Mihnea Radu / Ongoing lawsuits in Germany are once again holding up the merger between Volkswagen Group and Porsche SE. This is just the latest hold up in a long list that has gone on for several years and is hav...

 
Volkswagen Officially Goes for MAN
Volkswagen Officially Goes for MAN

31 May 2011, 16:42 UTC · By: Daniel Patrascu / In the works at the Volkswagen headquarters for a while now, an official bid to take over MAN in a move that will in the end see the company being merged with Scania. Hopes are that by creating a gi...

 
Porsche Shares Up 55% Last Month
Porsche Shares Up 55% Last Month

29 Nov 2010, 12:59 UTC · By: Andrei Costea / Porsche's share prices have been rising and they still have a long way to go with the Volkswagen merger to happen on favorable terms. Preferred shares have risen 55% to EUR 56.90 (US $75.38) th...

 
Chrysler to Exchange Vows with GM
Chrysler to Exchange Vows with GM

21 Nov 2012, 14:06 UTC · By: Alexandru Stan / Although GM and Chrysler have shared the same grounds and have known each other for decades now, they had only recently started dating and are allegedly in talks for taking their relationship furthe...

 
GM to Chrysler: You Weren't My First
GM to Chrysler: You Weren't My First

21 Nov 2012, 14:06 UTC · By: Alexandru Stan / Car makers have only ended a hellish week to start over an even hotter one. With sweaty foreheads and teary eyes, nearly empty-pocketed companies have been desperately trying to find viable solution...

 
GM Says Chrysler Merger Is Impossible
GM Says Chrysler Merger Is Impossible

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following rumors claiming that GM may be interested in a merger with its brother in pain Chrysler, representatives of the world's largest carmaker came out and denied all speculations, pointing...

 
Fiat to Sell Ferrari Before Chrysler Merger
Fiat to Sell Ferrari Before Chrysler Merger

16 Nov 2010, 07:53 UTC · By: Andrei Costea / Despite completely dismissing rumors of Fiat wanting to sell some of the shares it holds in Ferrari in recent months, Fiat CEO Sergio Marchionne has just informed investors that the company plans to...

 
Fulmer Helmets Acquires Texport Clothing
Fulmer Helmets Acquires Texport Clothing

12 Feb 2010, 10:21 UTC · By: Alina Dumitrache / Motorcycle helmet manufacturer Fulmer Helmets announced it has merged operations with newly acquired Texport motorcycle apparel brand. Arthur Fulmer III, president of the helmet company that was fou...

 
Volkswagen Acquires 49.9 Percent in Porsche
Volkswagen Acquires 49.9 Percent in Porsche

8 Dec 2009, 08:22 UTC · By: Daniel Patrascu / Just as expected last week, after Volkswagen's shareholders approved the capital increase, the German group moved on to its next step towards the integration with Porsche and announced the acqu...

 
VW Shareholders Approve Capital Increase
VW Shareholders Approve Capital Increase

4 Dec 2009, 08:24 UTC · By: Daniel Patrascu / A major obstacle in the path of acquiring a large portion of Porsche has been overcome yesterday by Volkswagen, as its shareholders approved the Supervisory Board and the Board of Management proposi...

 
Winterkorn, Potsch Join Porsche Board
Winterkorn, Potsch Join Porsche Board

26 Nov 2009, 10:36 UTC · By: Daniel Patrascu / Volkswagen is moving ahead with its Porsche merger plan and announced that Martin Winterkorn, VW's chairman of the board and Hans Dieter Potsch, VW's CFO, have joined the board of manageme...

 
VW Approves Porsche Contracts of Implementation
VW Approves Porsche Contracts of Implementation

20 Nov 2009, 10:16 UTC · By: Daniel Patrascu / The soon-to-be forged Volkswagen-Porsche conglomerate took today yet another step towards a joint future, with the Volkswagen Aktiengesellschaft Supervisory Board approving the contracts of implemen...

 
Volkswagen to Take 49.9 Percent of Porsche
Volkswagen to Take 49.9 Percent of Porsche

21 Oct 2009, 07:34 UTC · By: Daniel Patrascu / Things seem to come into place for German carmakers Porsche and Volkswagen, as the latter announced today it will begin the merger process by taking, at first, a 49.9 percent stake in Porsche. After...

 
VW to Increase Capital to Buy Porsche
VW to Increase Capital to Buy Porsche

17 Oct 2009, 20:56 UTC · By: Daniel Patrascu / German manufacturer Volkswagen announced yesterday its plans for the increase of the group’s share capital by the end of December 2, 2014. The increase, which will be submitted to vote at the...

 
Volkswagen-Porsche Merger Delayed
Volkswagen-Porsche Merger Delayed

11 Sep 2009, 10:42 UTC · By: Daniel Patrascu / The apparent calm in the ongoing Porsche-Volkswagen saga continues with news coming from the two carmakers about a possible delay of their merger. The delay is not necessary, as we got used to by no...

 
Schaeffler Deal Details Emerge
Schaeffler Deal Details Emerge

26 Aug 2009, 13:33 UTC · By: Daniel Patrascu / The battle for car parts supplier is almost over, as the company reached an agreement with its lender banks for the 12 billion euros in debt it now holds. The so called refinancing, as it was announ...