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Ford to invest $1.8 billion in China research
2015-10-12 14:19:27| Auto Dealers - Topix.net
Ford Motor Co. is investing $1.8 billion to develop technologies aimed at attracting Chinese car buyers, underlining China's importance to automakers despite slowing sales growth.
Tags: research
china
ford
billion
Ferrari valued at almost US$10 billion for IPO
2015-10-12 00:11:45| Automakers - Topix.net
Fiat Chrysler Automobiles is planning a U.S. stock debut for Ferrari that values the luxury Italian sports carmaker at nearly US$10 billion, according to a filing with U.S. regulators Friday. Ferrari, of the famed "prancing stallion" logo, will make its first steps on Wall Street, expected in late October, after years of rumors.
Tags: for
billion
ferrari
valued
Logistical headache: $3 billion plan for a project in Moreno Valley encounters powerful opposition
2015-10-11 10:18:00| Logistics - Topix.net
A truck enters Highway 60 in Jurupa Valley. Traffic created by Moreno Valley's World Logistics Center is a central issue of the 40.6-million square foot project.
Tags: plan
project
powerful
valley
DSV Buys UTi in $1.35 Billion as Maxim Sees Possible Rival Bid
2015-10-10 13:28:17| Logistics - Topix.net
DSV A/S agreed to buy UTi Worldwide Inc. in a transaction that implies an enterprise value of $1.35 billion as the Danish logistics company seeks to expand in the U.S. air and sea freight market. Industry history suggests that the bid may not be the final offer, Maxim Group strategist Justin Lumiere said Friday by e- mail after the announcement.
UTi Worldwide Agrees to $1.35 Billion Acquisition by DSV
2015-10-09 16:29:12| Logistics - Topix.net
Logistics operator UTi Worldwide Inc. agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company that marks the latest consolidation in that industry. The acquisition of the U.S. company, which has struggled to reverse recent losses through a restructuring, follows logistics-related transactions this year involving XPO Logistics, FedEx Corp., UPS Inc., Echo Global Logistics and overseas.
Tags: worldwide
billion
acquisition
agrees
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