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The Supervisory Board of the German automotive concern Volkswagen next week plans to discuss the holding of an IPO for unit that produces heavy trucks, Bloomberg reports referring to sources familiar with the situation. According to sources, Volkswagen management plans to conduct an IPO in 2019, but they did not name the specific date. As previously reported, with the support of the largest shareholders and trade unions of Volkswagen, the legal structure of the division for the production of trucks and buses was changed, it became known as Traton. If the IPO takes place, it will be the most significant change in the structure of the German automaker.
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
The breakfast and coffee chain Dunkin’ Brands Group Inc. (DNKN.O) stated on Monday that its franchise operators are planning to hire up to 25,000 employees in light of high demand after the United States reopened the restaurant industry. The ...
The Warner Music Group Corp. (WMG.O) got off to a positive start on its Nasdaq debut on Wednesday. The world’s third-largest recording label sold shares worth $1.9-billion, marking the largest initial public offering in the United States ...
German automotive manufacturing company Volkswagen Group (VOWG) announced on Monday that it would gradually resume operations in the states of Puebla and Guanajuato on June 15. The company decided to pause its activities last March due to ...
A budget draft showed that Japan will render a total of $1.1 trillion stimulus package. The fiscal stimulus will include large volumes of direct and emergency spending aimed at minimizing the economic disruptions brought by the novel coronavirus ...
KYC Policy