Samsung Elec to annul $4.4B worth of shares

Source: Dukascopy Bank SA
Samsung Electronics is planning to cancel $4.4B worth of the company's shares, seeing to complete the cancellation by December 4, the tech giant announced on Friday.
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Sat, 01 Dec 2018 12:26:01 GMT

Via Optronics getting ready for US IPO

Via Optronics, Germany's mobile phone parts manufacturer, is preparing to launch an initial public offering in the United States , as its owner IMI intends to make the company independent and self-sufficient.

Sat, 01 Dec 2018 11:30:46 GMT

US head of China's Nio to step down

Nio Inc, the Chinese electric automaker and the main Tesla's rival, announced its US head Padmasree Warrior was planning to step down from her position, the first such a departure since its latest IPO.

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