List of articles tagged: Stake Acquisition

Volkswagen and Suzuki Motor Corporation have reached a common understanding to establish a close longterm strategic partnership. A framework agreement has been signed by representatives of both companies today. 

Daimler has bought about a stake of 10 percent in Tesla which an electric firm in the US. Daimler’s new upcoming electric Smart will use the Tesla batteries and charging systems.

The Indian tyre manufacturer Apollo has acquired a Dutch tyre maker called Vredestein Banden BV. The amount for this trade hasn’t been revealed. The company became bankrupt last month.

The Fiat Group will take up 35% stake in Chrysler as a deal between the two automotive manufacturers. The two companies announced on Tuesday that the duo have signed the “non-binding term sheet to establish a global strategic alliance.”