New on the block Mercedes-Benz Group AG is planning to sell part of his 35% stake in Daimler Truck Holding AG to raise money, valuing the stake at around €12 billion ($14.2 billion). Proceeds will be returned to shareholders and details of the sale will be provided in May. Despite the cash flow, Mercedes-Benz is […]
President Donald Trump signed an executive order Friday blocking a semiconductor deal between the two countries HieFo Corp. And Emcore Corp.citing national security concerns related to China. Trump said there is “credible evidence” that “HieFo Corporation, a corporation organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic of […]
Enviri Corporation (NYSE:NVRI) Shares rose on Friday after the company signed a definitive deal to sell its Clean Earth business to a French company Veolia Environnement SA for $3.04 billion in cash. Details As part of the transaction, Enviri shareholders are expected to receive between $14.50 and $16.50 per share. The shareholders retain full ownership […]