Tag Archives: auto

Bridgestone raises offer you for U.S. auto parts retailer Pep Boys

Bridgestone’s new provide gives about $ 28 million in extra money to Pep Boys shareholders, the company mentioned.

The new offer you comes after Pep Boys said on Wednesday that it planned to terminate its deal with Bridgestone as its board deemed Carl Icahn’s supply as a “superior proposal.”

Carl Icahn’s Icahn Enterprises LP had supplied to buy Pep Boys for $ 15.50 per share. (Reporting by Shubhankar Chakravorty in Bengaluru Editing by Sandra Maler)

UPDATE 1-Bridgestone raises offer for U.S. auto components retailer Pep Boys

5108.T) on Friday raised its provide for U.S. auto parts retailer Pep Boys – Manny, Moe & Jack (PBY.N) by 50 cents a share to $ 15.50 per share.

The new offer by Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, raises the deal value by $ 28 million to $ 863 million for Pep Boys, the firms said.

The new offer comes following Pep Boys said on Wednesday that it planned to terminate its deal with Bridgestone as its board regarded as Carl Icahn’s supply as a “superior proposal.”

Carl Icahn’s Icahn Enterprises LP (IEP.O) had provided to acquire Pep Boys for $ 15.50 per share.

Bridgestone was given 3 days on Dec. 8 by Pep Boys to make a new offer.

Pep Boys stated on Friday that its board no longer deems Icahn’s supply as superior, and advised that Pep Boys shareholders accept Bridgestone’s provide.

J.P. Morgan Securities LLC was the economic adviser to Bridgestone, while Rothschild advised Pep Boys.

Jones Day is Bridgestone’s legal adviser, whilst Morgan, Lewis & Bockius LLP is Pep Boys’ legal adviser.

(Reporting by Shubhankar Chakravorty in Bengaluru Editing by Sandra Maler and Lisa Shumaker)

Swiss arrest two Syrians traces of explosives in auto: media reports

GENEVA Two Syrian nationals have been arrested in Geneva on Friday and traces of explosives have been discovered in their automobile, the nearby newspaper Tribune de Geneve and Swiss tv said.

The newspaper gave no specifics on the identity of the two males or the situations of their arrest. It said it was unclear no matter whether the arrests had been linked to a heightened security alert Geneva authorities had declared on Thursday. It remained in impact at level 3 on a scale of five.

“Two males of Syrian origin have been arrested in Geneva on Friday,” Swiss tv mentioned on its nightly news broadcast. “Traces of explosives were discovered in their car.”

Geneva officials had been not instantly accessible to comment, but a source close to the case told Reuters that two guys had been arrested, with no providing any particulars.

Swiss media and Reuters have reported that authorities are looking for four men believed to have been in Geneva this week. A van with Belgian plates and two guys entered Switzerland from France by means of the Jura mountains on Tuesday and went back to France soon after three few hours, Swiss tv mentioned.

Earlier on Friday, Swiss President Simonetta Sommaruga said that Swiss federal authorities had place Geneva on a high safety alert this week following obtaining a tip from foreign authorities about a suspected Islamic State cell in the area.

Two sources confirmed to Reuters that the Central Intelligence Agency had offered a photo of 4 males to Swiss authorities on Wednesday, saying they could be on Swiss territory.

The photo, published in Swiss newspapers, showed 4 bearded men seated, with their faces blurred and index fingers raised in the air. A CIA spokesman in Washington declined to comment on Thursday.

(Reporting by Stephanie Nebehay Editing by Louise Ireland, Larry King)

Agen Sabung Ayam

Yemen’s Aden governor killed in suicide auto bombing: sources

ADEN The governor of Yemen’s Aden province Jaafar Mohammed Saad was killed on Sunday when a suicide bomber rammed his auto into the governor’s convoy in the western component of Aden city, residents and a regional official mentioned.

They mentioned at least six of his entourage also died in the attack, which occurred although the governor was heading to function. Numerous other individuals had been also wounded in the bombing.

The sources had earlier mentioned attackers had employed rocket-propelled grenades to target Saad.

No one quickly claimed responsibility for the attack, but Islamist militants are operating in the city, 4 months soon after supporters of President Abd-Rabbu Mansour Hadi and a mostly Gulf Arab coalition led by Saudi Arabia drove Iran-allied Houthi fighters from Aden, Yemen’s second largest city.

Saad, a former common in the army of the former southern Yemen ahead of the Marxist state merged with northern Yemen in 1990, was appointed governor in October.

Hadi returned to Aden from Saudi Arabia final month, almost eight months following he fled to escape the Houthi advance. He has been attempting to shore up security in the city and oversee fighting against the Houthis in the province of Taiz, north of Aden.

(Reporting by Mohammed Mukhashaf and Mohammed Ghobari, writing by Sami Aboudi Editing by Dominic Evans)

Agen Sabung Ayam