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Spyker Sold To US Private Equity Firm
Spyker, the high-end sportscar firm formerly run by Saab “savior” Victor Muller, has been sold to North Street Capital, a US-based private equity firm, reports the FT [sub]. According to the FT, North...
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Allison Transmission Raises $600 Million Via I.P.O.
An I.P.O for a physical product is a refreshing change from the Tech 2.0 bubble we’ve been subjected to lately. Allison Transmission, formerly of General Motors, just issued their first I.P.O, raising...
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Did Obama Administration Help Delphi Evade U.S. Taxes?
From Bloomberg’s Zachary Mider comes a new allegation regarding the restructuring of (formerly) American parts maker Delphi: the Treasury Department under Obama helped the company re-incorporate in...
View ArticleIs Salvation Near for Fallen Airbag Giant Takata?
The company behind one of the largest safety recalls in automotive history might have a lifeline thrown its way. Takata, the manufacturer at the heart of the exploding airbag scandal, is being courted...
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