American Electric Power expands board with Icahn Capital representatives

American Electric Power expands board with Icahn Capital representatives

In a significant move to bolster its governance and strategic direction, American Electric Power (Nasdaq: AEP), a leader in the electric utility industry, has announced a pivotal agreement with Icahn Capital L.P. and its affiliates. Effective immediately, Hunter C. Gary, Senior Managing Director at Icahn Enterprises L.P., along with Henry “Hank” P. Linginfelter, a seasoned […]

TRATON to take full ownership of US truck manufacturer Navistar for $3.7bn

TRATON to take full ownership of US truck manufacturer Navistar for $3.7bn

TRATON acquisition of Navistar : TRATON, a subsidiary of German automotive giant Volkswagen Group, has agreed to take full ownership of US truck manufacturer Navistar International in a $3.7 billion all-cash deal. Presently, TRATON, which is a commercial vehicle manufacturer, holds a 16.7% stake in the truck maker and will pay $44.5 per share to […]