Latest Updates Around The World
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 […]
New on the block Swiss life sciences giant Lonza group is shopping the capsules and health ingredients division, and the shortlist is full of private equity heavy players. In the running: Altar, Lone Star FundsAnd One rock capital. Expected sales price: minimum €2.5 billion (US$2.8 billion). Think of it as a showdown along the supplements, […]
