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Arcfox Reportedly Taps Hyundai For Production Of Tesla-Like Electric Car In China
South Korean automaker Hyundai Motors (OTC:HYMTF) is set to manufacture electric vehicles (EVs) for Chinese EV maker Arcfox, a brand co-owned by BAIC Motor Corp. (OTC:BMCLF).
Here's What BAIC Motor Corporation Limited's (HKG:1958) Shareholder Ownership Structure Looks Like
The big shareholder groups in BAIC Motor Corporation Limited (HKG:1958) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have
Berkshire liquidated its position in Bojian and other stocks in the second quarter and reduced its holdings in General Motors Co.
According to the 13F position report submitted by Buffett's Berkshire Hathaway to the US Securities Regulatory Commission (SEC), the company cleared its positions in pharmaceutical companies Biogen, Axalta Coating Systems and Liberty Global plc.An in the second quarter, reduced its holdings in General Motors Co, and increased its holdings in supermarket chains such as Kroger. According to the 13F report, Berkshire's total market capitalization of its positions in the second quarter was about $293.023 billion, with the top ten positions accounting for 87.51 per cent.
The scale of global mergers and acquisitions reached 1.5 trillion US dollars in the second quarter, a record high for the same period
According to data released by Refinitiv on Thursday, global M&A activity broke records for the second consecutive quarter in the second quarter, and companies continued to borrow at low costs and use their cash reserves for transformative transactions to reposition themselves for the post-COVID-19 world. According to the data, global M&A transactions reached 1.5 trillion US dollars in the second quarter, a record high for the same period, up 13% from the first quarter, although M&A activity involving special purpose acquisition companies (SPACs) slowed down. The volume of US mergers and acquisitions in the second quarter reached 699 billion US dollars, an increase of 440% compared to when M&A activity stagnated due to the pandemic in the same period last year.
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