Milan prosecutor orders Deliveroo unit under court administration
A prosecutor in Milan has ordered the Italian subsidiary of Deliveroo to be placed under court administration, accusing the food…
Tag: Unit
Schonfeld to Start Second Equity Unit With Focus on Asia-Pacific
Schonfeld Strategic Advisors is creating a second equities unit, focusing on Asia-Pacific markets, becoming the latest multistrategy hedge fund to…
Medtronic’s diabetes unit MiniMed eyes $7.9 billion valuation in US IPO
By Arasu Kannagi Basil Feb 24 (Reuters) – Medtronic’s MiniMed Group said on Tuesday it was targeting up to $7.86…
Nestle to sell ice cream unit, Q4 sales growth beats estimates
Nestle shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter…
Blackstone, EQT and CVC make offers for VW’s Everllence unit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Tesla rolls first steering wheel-less Cybercab unit off the line before solving autonomy
Tesla shared today that the first Cybercab production unit has rolled off the assembly line at Gigafactory Texas. The vehicle…
Charged EVs | Turntide’s new axial flux drive unit delivers up to 700 kW peak in a stackable package
Turntide Technologies has unveiled a modular axial flux electric drive unit (EDU) that integrates motor, inverter and gearing with shared…
Pictet Opens South Africa Unit as Private Wealth Rises, BD Says
Banque Pictet & Cie SA opened an office in South Africa, the first time the Swiss private lender has had…
Exclusive-ByteDance in talks to sell gaming unit Moonton for more than $6 billion, sources say
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG, Feb 13 (Reuters) – ByteDance is in advanced talks to sell Shanghai…
Universal Music in EU Approval for Downtown Deal, Must Sell Curve Unit
Universal Music Group said on Friday that its Virgin Music Group unit has received approval for its $775 million deal…