Stock markets start bearish buying on FinecoBankĮurope Small Cap ETF Market Posts 1.10% Performance on June 28, 2023Įurope Small Cap ETF Market Dips by 1. Used White 2021 Ford Transit-250 for sale by iDrive Motors, with reviews, safety and pricing information. Stock exchanges bearish banks well in Piazza Affari Mib drops to 28,700 Iveco holds out in greenĮuropeans still in the red after PMI data Listings expected in green before construction Transcript : Interpump Group S.p.A., Q2 2023 Earnings Call, Aug 04, 2023Įuropeans up except Milan MPS tops on Mib. Provides Sales Guidance for the Year 2023 Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 (4 reviews) 17416 E 9 Mile Rd Eastpointe, MI 48021. Mib down Fed's Bowman forecasts new uptick Dealerships need five reviews in the past 24 months before we can display a rating. Dealerships need five reviews in the past 24 months before we can display a rating. Stock markets expected to be in the red down on UK inflationĮuropeans in the red Brent crude down at USD85 a barrel.Įuropeans down slightly Visibilia trailing among PMIs. 204185įalling stock markets feel the blow from Fed minutes Department of Justice, and the Conselho Administrativo de Defesa Econômica in Brazil.Ĭhairman of Interpump Group Fulvio Montipò remarked: "This acquisition, the most significant in Interpump's history, will expand our product offering to include orbital motors and steering systems, reinforcing our role as a global player in hydraulics".Ī conference call for financial analysts and institutional investors will take place on Thursday, June 3 rd. The closing of this transaction is subject to the approval of certain regulatory authorities, including pending approvals from the EU Commission, the U.S. The price for the transaction, to be paid in cash at closing, will be based on an enterprise value of 230 million euro, plus a variable part (currently estimated at 40 million euro) as a function of EBITDA at the time of closing (extended to the entire year on a proportional basis). Total sales expected for FY2021 should be slightly above 200 million euro, with EBITDA of approximately 45 million euro. The acquisition envisages the addition of three production lines in the United States, that will be moved from Eaton Corporation's Hydraulics facilities to the Hopkinsville plant, and one additional production line in China. The White Drive Motors and Steering business unit includes three production sites: Hopkinsville (Kentucky, USA), Parchim (Germany) and Wroclaw (Poland). The closing of the transaction is expected in the fourth quarter of 2021, following Danfoss' closing of the acquisition of Eaton Corporation's Hydraulics business. Sant'Ilario d'Enza (RE), June 1 st, 2021 - Interpump Group announces the signing of a binding agreement for the purchase of the White Drive Motors & Steering business unit from the Danfoss Group. INTERPUMP ACQUIRES WHITE DRIVE MOTORS & STEERING
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