MILAN, Nov 27 (Reuters) - Italy's Cobra Automotive Technologies plans to invest funds from its planned initial public offering in acquisitions abroad, its chief executive said on Monday. The company, which makes electronic tracking devices for cars, plans to float some 31 percent of its capital including a greenshoe option, raising 37 million euros to 47 million euros ($48.6 million to $61.7 million) in an offer that will run from Nov 28 until Dec 5. "Three quarters of the IPO revenues ...
Premium Content (PAID Subscription Required)
"Cobra Automotive plans acquisitions after IPO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.