TVS Motor Acquires Italy's Engines Engineering to Establish Global Design Hub
TVS Motor Company, a leading global manufacturer of two- and three-wheelers, has agreed to acquire Italian automotive design and engineering firm Engines Engineering S.p.A. for approximately €5.05 million (Rs 52 crore). The acquisition involves purchasing 1,000,000 equity shares at €5.05 per share, representing 100% of Engines Engineering's equity share capital, subject to completion of...
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Torino president Urbano Cairo has confirmed that striker Giovanni Simeone is effectively already a permanent signing for the club, revealing that the Argentine's loan deal includes an "easily triggered" mandatory purchase clause. Speaking on Rai Radio 1's Radio Anch'io Sport program, Cairo emphasized that the club considers Simeone "an acquired player" following his decisive goal in...
