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...
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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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