Bridgestone Corp. (TYO:5108) recently announced that Turkish affiliate Brisa Bridgestone Sabanci Tyre Manufacturing and Trading Inc. has formed an agreement to acquire an 88.89 percent stake in Arvento Mobile Systems, a digital fleet solutions provider that offers fleet management services to customers in the likes of Turkey and the Middle East. The base price for this acquisition has been set...
Bridgestone Corp. (TYO:5108) has completed its acquisition of Azuga Holdings Inc., a U.S.-based provider of fleet management solutions. The tire manufacturer has already received regulatory approval and carried out the relevant proceedings for this deal. Azuga has been valued here at $391 million, with adjustments then being made based on its working capital and the like to get the total...
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