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Brembo


Yangiliklar

Italy's Brembo still ready for M&A after Ohlins deal

UPDATE 1-Italy's Brembo still ready for M&A after Ohlins deal Ohlins Racing acquisition to finalise in early 2025 Guided for FY EBITDA margin of 17%, flat revenue EBITDA little changed in 9M at 501 mln euros Shares up after results Recasts after chairman interview Nov 7 (Reuters) - Brembo's acquisition of suspension technology manufacturer Ohlins Racing, its biggest ever, will not prevent the Italian premium brake maker from assessing further and larger M&A deals, its top executive said on Thurs
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Brake maker Brembo trims core profit margin forecast

Brake maker Brembo trims core profit margin forecast Nov 7 (Reuters) - Italian brake maker Brembo BRBI.MI has trimmed its core profit margin projection for 2024 to 17% from 17.3% on revenue expected to remain flat year on year, it said after posting nine-month results on Thursday. The group, clients of which include premium automakers such as Tesla TSLA.O , BMW BMWG.DE and Ferrari RACE.MI , reported net profit of 197.2 million euros ($212.17 million) for the nine months to Sept.
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Brembo Q3 Net Profit EUR 40.9 Mln

RPT-BRIEF-Brembo Q3 Net Profit EUR 40.9 Mln Adds alert on Pirelli stake placement Nov 7 (Reuters) - Brembo NV BRBI.MI : Q3 NET PROFIT EUR 40.9 MILLION Q3 EBITDA EUR 149.7 MILLION Q3 REVENUE FROM SALES EUR 923.0 MILLION Q3 EBITDA MARGIN AT 16.2% SEES 2024 EBITDA MARGIN AT 17% ON PIRELLI STAKE PLACEMENT, OVERALL AMOUNT OF EUR 282.9 MLN COLLECTED ON O
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Brembo Q3 Net Profit EUR 40.9 Mln

BRIEF-Brembo Q3 Net Profit EUR 40.9 Mln Nov 7 (Reuters) - Brembo NV BRBI.MI : Q3 NET PROFIT EUR 40.9 MILLION Q3 EBITDA EUR 149.7 MILLION Q3 REVENUE FROM SALES EUR 923.0 MILLION Q3 EBITDA MARGIN AT 16.2% SEES 2024 EBITDA MARGIN AT 17% Further company coverage: BRBI.MI (Gdansk Newsroom)
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Italy - Factors to watch on November 7

Italy - Factors to watch on November 7 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Right-wing Prime Minister Giorgia Meloni on Wednesday congratulated Donald Trump after his victory in the U.S presidential election, and said it would strengthen ties between the two countries.
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Barratt Redrow, Genuit Group, Munich Re

EUROPE RESEARCH ROUNDUP-Barratt Redrow, Genuit Group, Munich Re Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Barratt Redrow, Genuit Group and Munich Re, on Monday. HIGHLIGHTS * Barratt Redrow Plc BTRW.L : Morgan Stanley raises to overweight from equal-weight * Genuit Group Plc GENG.L : JP Morgan initiates coverage with neutral rating; PT 535p * Intertek ITRK.L : RBC cuts to sector perform from outperform * Munich Re MUVGn.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: CVS, Frasers Group, Tetragon, Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: * * CVS Health CVS.N is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesperson confirmed to Reuters on Friday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates: Nippon Steel Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Nippon Steel 5401.T said it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal MT.LU , if the top Japanese steelmaker succeeds in a buyout bid for United States Steel X.N .
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Sanofi SASY.PA has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical group said.
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Italy's Brembo jumps after acquisition of suspension maker Öhlins Racing

BUZZ-Italy's Brembo jumps after acquisition of suspension maker Öhlins Racing ** Shares in Italian premium brake maker Brembo BRBI.MI rise 4.3% after it agreed to buy Swedish suspension technology manufacturer Öhlins Racing for $405 million ** The deal is the largest acquisition in Brembo's history, it says ** Brokerage Equita says Brembo paid an
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Brembo buys suspension maker Ohlins Racing for $405 million

UPDATE 1-Brembo buys suspension maker Ohlins Racing for $405 million Adds details of acquisition, context from paragraph 3, quotes from statement MILAN, Oct 11 (Reuters) - Italy's Brembo BRBI.MI said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium brake maker' s biggest ever acquisition.
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Brembo acquires suspension maker Ohlins Racing for $405 million

CORRECTED-Brembo acquires suspension maker Ohlins Racing for $405 million Corrects acquisition price in headline MILAN, Oct 11 (Reuters) - Italy's Brembo BRBI.MI said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium brake maker biggest ever acquisition. Swedish-based Ohlin will be acquired from Apollo Global Management-backed Tenneco, and will be paid through available cash, Brembo said in a statement.
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Brembo Buys 100% Of Öhlins For $405 Mln

BRIEF-Brembo Buys 100% Of Öhlins For $405 Mln Oct 11 (Reuters) - Brembo NV BRBI.MI : BUYS 100% OF ÖHLINS ACQUISITION DEAL SIGNED WITH TENNECO, WHICH IS PART OF APOLLO GLOBAL MANAGEMENT PURCHASE PRICE IS USD 405 MILLION, ON A CASH FREE / DEBT FREE BASIS, SUBJECT TO CUSTOMARY PRICE ADJUSTMENT MECHANISMS ACQUISITION SUBJECT TO CUSTOMARY REGULATORY A
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Italy - Factors to watch on October 11

Italy - Factors to watch on October 11 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Israeli forces have acted illegally by shooting at positions used by U.N.
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Kepler ups Pirelli to 'buy', sees 'attractive entry point' after Brembo exit

BUZZ-Kepler ups Pirelli to 'buy', sees 'attractive entry point' after Brembo exit ** Kepler Chevreux upgrades Italy's Pirelli PIRC.MI to "buy" from "hold", as it sees an "attractive entry point" after Brembo sold its 5.58% stake in the tyre maker this month ** "Pirelli's stock has underperformed compared to its European peers over the past six mont
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: British Land, Zayo Group, Fennemore Craig, Altor Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday: ** Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO for 441 million pounds ($585.34 million), increasing its position in the retail park market.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two Italian groups.
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Pirelli skids to 8-month low after Brembo sells stake

BUZZ-Pirelli skids to 8-month low after Brembo sells stake Updates share moves, adds trader and analyst comments ** Shares in Italian tyre maker Pirelli PIRC.MI fall as much as 4.7% to an e ight -month low after premium brakes maker Brembo BRBI.MI sells its entire stake of 5.58% in the group ** Brembo completed the sale on Wednesday through acceler
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Pirelli skids to 8-month low after Brembo sells stake

BUZZ-Pirelli skids to 8-month low after Brembo sells stake ** Shares in Italian tyre maker Pirelli PIRC.MI fall 3.5% to an 8-month low after premium brakes maker Brembo BRBI.MI sells its entire stake of 5.58% in the group ** Brembo completed the sale on Wednesday through accelerated bookbuilding (ABB) for 5.07 euros ($5.61) per share, a 5% discount
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Brembo Completes Stake Sale In Pirelli Through ABB For EUR 5.07/Shr

BRIEF-Brembo Completes Stake Sale In Pirelli Through ABB For EUR 5.07/Shr Oct 2 (Reuters) - Brembo NV BRBI.MI : SUCCESSFULLY COMPLETES ABB STAKE SALE IN PIRELLI SALE FOR EUR 282.9 MILLION SALE FOR EUR 5.07 PER SHARE Further company coverage: BRBI.MI (Gdansk Newsroom)
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