Arval, a BNP Paribas subsidiary specializing in long-term vehicle leasing, has finalized its acquisition of Athlon, formerly part of Mercedes-Benz Group. This deal expands Arval's fleet to 2.3 million vehicles, making it a European co-leader in the sector. The acquisition is expected to contribute nearly €200 million to BNP Paribas' net income by year three, with a return on invested capital of 18%. BNP Paribas plans to share further details on the combined entity's future in early 2027.
Arval, a major player in long-term vehicle leasing and mobility solutions, has finalized its acquisition of Athlon, formerly part of Mercedes-Benz Group. This deal creates a combined fleet of 2.3 million vehicles, making Arval and Athlon the co-leade...
SCOR, a leading global reinsurer, announced that as of July 31, 2026, it has 179,400,399 shares composing its capital, with an equal number of theoretical voting rights. The company, known for its innovative risk management solutions, recorded 18.7 b...
SCOR, a global reinsurer, declared that as of July 31, 2026, it has a total of 179,400,399 shares and an equal number of voting rights. Each share has a nominal value of EUR 7.8769723. This disclosure is part of regulatory compliance under French Com...
Morgan Stanley lowered its price target for FMC Corporation to $12.00 from $15.50 due to challenges in the agricultural market, including cautious customer buying and unfavorable weather. FMC's Q2 revenue fell 17% to $867 million, but strong cost con...
Billionaire investor Bill Ackman described SpaceX's Starlink as a "near monopoly" in the global satellite internet market, highlighting its dominant position. Despite this, Ackman stated he does not plan to buy Starlink stock. This stance suggests ca...
