Automotive
Irish Aviation Authority pours in €20M in US air traffic surveillance firm
The Irish Aviation Authority has spent €20 million to buy a 6% stake in Virginia, US-based air traffic surveillance firm Aireon LLC, as part of an agreement with Italy and Denmark to invest in the new service.
Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC
Turin, Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC, according to sources familiar with the matter.
Tokyo's Mitsui exits stake in Indonesian auto financier BAF in $28.7M deal
Tokyo-based trading firm Mitsui sold its new shares in Indonesia-based motorcycle financier Bussan Auto Finance (BAF) to Ciptadana Capital and Yamaha Motor Group in a deal valued at IDR350 billion ($28.7 million).
Software company Dealertrack Technologies will buy out online marketing and sales provider Dealer.com for $1 billion
Software company Dealertrack Technologies will buy out online marketing and sales provider Dealer.com for $1 billion. Dealertrack will pay $620 million in cash and $373 million in stock.