Flash
Penske and Mitsui Plan $3.8B Take-Private of Penske Automotive Group
Two major shareholders — holding 72% combined — launch tender offer for remaining 28% publicly traded shares, potentially ending NYSE listing
Mitsui & Co. is a major Japanese sogo shosha with automotive-related activities including auto parts trading, EV supply chain investments, and strategic partnerships in China. This tag covers its automotive business developments.
Two major shareholders — holding 72% combined — launch tender offer for remaining 28% publicly traded shares, potentially ending NYSE listing