Edward Taylor

Thyssenkrupp-Tata Steel JV set to encounter strong opposition in Europe

The two companies last year struck a deal to combine their European steel units to create the continent’s second-largest steelmaker after ArcelorMittal, a move that must be cleared by the European regulators.

HERE partners Navinfo to offer mapping services in China

It will offer routing and navigation services, as well as map display and positioning services in the world’s largest passenger car market.

Chinese EV maker Byton said to explore IPO route to fund expansion plans

Before this, Byton will seek another round of fundraising from private investors prior to starting production of its vehicle.

Germany’s Daimler to set up ride-hailing JV with Geely in China

The deal creates a new competitor to Didi Chuxing, which currently dominates a Chinese ride-hailing market.

China’s Geely said to have bought stake in Germany’s Daimler

The size of the stake remains unclear but is likely to be below 3%.

Chinese PE Fountain Vest to buy Bosch Mahle Turbo Systems

Fountain Vest plans to invest and expand the turbos business.

Thyssenkrupp CEO keen on merger deal with India’s Tata steel before Sept-end

Thyssenkrupp and Tata Steel have been in talks for two years.

Rocket Internet-backed startup Delivery Hero readies $507m IPO

IPO to value firm at 3.5-4 billion euros.

Daimler in talks with Didi Chuxing, others for potential cooperation deals

Daimler CEO said he sees potential for expanding production in China.

China’s Midea gets US approval for takeover of German robotics maker Kuka

China’s Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light. Midea, which launched a 4.5 billion euro ($5 billion) offer for Kuka in May, said Germany’s markets regulator had approved… Read more »