Tag: Takeover

Tata Acquires Ford Car Plant In India
August 8, 2022 No Responses

Tata Acquires Ford Car Plant In India

Indian automaker, Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand.  The deal between Tata’s...
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BEDC Tackles FG, Fidelity Bank Over Takeover Move 
July 7, 2022 No Responses

BEDC Tackles FG, Fidelity Bank Over Takeover Move 

Fidelity Bank Plc lacks the legal authority to take over Benin Electricity Distribution Company (BEDC), the management of the company declared on Thursday.  On Tuesday, the Federal Government announced the restructuring and take-over of five electricity distr...
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Michelin Acquires Masternaut
May 18, 2019 No Responses

Michelin Acquires Masternaut

French tyre maker Michelin has agreed to buy telematics company Masternaut for an undisclosed amount, in a deal Michelin said would increase its presence in the field of customer services. According to Reuters, Masternaut manages over 220,0...
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