A $14 billion tender offer to take Toshiba private is set to succeed, private equity firm Japan Industrial Partners (JIP) said on Wednesday, clearing the way for Japan’s biggest deal this year.
German self-driving startup Fernride said on Wednesday that it has raised $50 million in Series A funding to increase the use of its “human-assisted” autonomous freight trucks in customer’s logistics yards.
Kioxia Holdings’s lenders are planning to refinance 2 trillion yen ($13.5 billion) in loans to support its potential merger with Western Digital’s flash memory business, Bloomberg News reported on Wednesday.
A Huawei Technologies unit is shipping new Chinese-made chips for surveillance cameras in a fresh sign the Chinese tech giant is finding ways around four years of U.S. export controls, two sources briefed on the unit’s efforts said.
Just over one in five new cars sold in the European Union in August was fully electric, as sales of zero-emission models more than doubled, data from the European Automobile Manufacturers Association (ACEA) showed on Wednesday.
The United States and India will collaborate on a project to deploy 10,000 made-in-India electric buses in Indian cities, the U.S. embassy said in a statement on Wednesday.
India’s Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said.
Unions at Apple’s stores in France have called for a strike on Friday and Saturday, when the iPhone 15 is due to be launched, demanding better pay and working conditions.
Shares of Klaviyo were set to open up to 20% above their IPO offer price on Wednesday, giving the marketing automation company a potential valuation of $11 billion.
