|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||34.20 - 34.54|
|52-week range||15.40 - 48.72|
|Beta (5Y monthly)||1.44|
|PE ratio (TTM)||8.22|
|Forward dividend & yield||0.56 (1.64%)|
|Ex-dividend date||23 Jul 2021|
|1y target est||40.94|
(Bloomberg) -- Hedge funds that took control of Europcar Mobility Group in a complex debt restructuring earlier this year are set to cash in more than twice the amount they invested after Volkswagen AG agreed to buy the company.A group of five funds led by Anchorage Capital Group bought most of the French car rental company’s 1.1 billion euros ($1.3 billion) of unsecured debt for as low as 40% of face value after the pandemic brought international travel to a halt in 2020. Their investment, whic
QuantumScape founder and CEO Jagdeep Singh tells Yahoo Finance Live he is confident in hitting key production timelines.
Volkswagen's top three brands on Friday pointed to an ongoing shortage of automotive chips that could intensify in the coming months, highlighting the industry's difficulty in tackling the issue. "Although there are signs that the supply bottlenecks for semiconductors are beginning to ease, we expect a very challenging third quarter from a supply perspective," Alexander Seitz, chief financial officer of VW's namesake brand, said. Volkswagen had said on Thursday that lost production due to the crisis, which started to hit the automotive industry at the end of 2020, currently stood at a high six digit number of vehicles.