Penske Corporation and Mitsui & Co. are partnering in a buyout, with Mitsui holding over 20 percent of stock and Roger Penske controlling over 52 percent.
6 reports, 3 independent
Updated Thu 00:00
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- Reports
- 6
- Developments
- 3
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Penske Corporation and Mitsui & Co. are partnering in a buyout, with Mitsui holding over 20 percent of stock and Roger Penske controlling over 52 percent.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.BFA is investigating the Penske merger, confirming majority stock control by BFA and Penske.1 source
Penske Corporation is taking Penske Automotive private as part of the ongoing buyout with Mitsui.1 source
Penske Corp and Mitsui investors are collaborating on a corporate buyout.1 source
Keep exploring
The entities involved
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Penske Corporation
American transportation company
Nothing else this week.
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Mitsui & Co.
Japanese trading company
Nothing else this week.
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Penske Automotive Group
international transportation services company
Nothing else this week.
Coverage
Newest first; wire copies grouped- prnewswire.com
- proactiveinvestors.com
- yahoo.com
- yahoo.comRoger Penske Is Buying Back the Company That Bears His Name — and Wall Street Never Really Owned It Anyway