Deutsche Bank and Creditors Push Ahead with Varta Breakup After Apple Order Cancellation Deutsche Bank and creditor funds begin sale of Varta’s battery unit after Apple cancels orders; Allswiss rescue …
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Business
Bayer secures €3 billion equity injection from Apollo for contraceptives unit
by Leo Müllerby Leo MüllerBayer-Apollo deal brings €3 billion equity injection as Apollo takes minority stake in contraceptives JV €3bn equity injection in Bayer-Apollo deal sees Apollo take a minority stake in a new …
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Business
TKMS Shares Surge After Thyssenkrupp Unit Reportedly Beats South Korean Rival for Submarine Contract
by Leo Müllerby Leo MüllerMedia report fuels TKMS submarine order speculation as shares climb A media report suggesting a TKMS submarine order lifted Thyssenkrupp Marine Systems shares after it was reported the firm beat …
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Business
Deutsche Post set to rebrand as DHL and make Germany unit subsidiary
by Leo Müllerby Leo MüllerDeutsche Post to be Renamed DHL as Group Reorganization Moves Forward Deutsche Post will adopt the corporate name DHL and reorganize into a new group structure, a change proposed at …
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Technology
Doug Field leaves Ford as EV team folds into product creation unit
by Helga Moritzby Helga MoritzDoug Field Exits Ford Amid Major Product Creation and Industrialization Reorganization Doug Field exits Ford as the company reorganizes, folding EV and design teams into a new product creation and …