Italy's Edizione lifts its Generali stake to 4%

Source: Dukascopy Bank SA
The Italian Benetton family's holding company Edizione has raised its Assicurazioni Generali's stake to 4%, planning to increase it to 5% over time, the insurance group's Chairman Gabriele Galateri stated on Tuesday.
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Tue, 07 May 2019 14:22:12 GMT

GM's Cruise receives $1.15B new cash

On Tuesday, General Motors' majority-held self-driving division Cruise stated it had received a $1.15B in new equity from SoftBank Vision Fund, Honda Motor and T. Rowe Price, valuing the division at $19.0B.

Tue, 07 May 2019 13:29:05 GMT

BorgWarner to buy 20% in Romeo Power

On Tuesday, BorgWarner stated it would acquire a 20% stake in Romeo Power Technology, the battery packs supplier, for an undisclosed price, as the US car parts maker seeks its EV products portfolio expansion.

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