Tag Archives: european car industry


TowerBrook takes control of Autodistribution Group

Forex Pros – Private equity firm TowerBrook Capital said on Monday it had reached an agreement to take control of French debt-ridden auto parts firm Autodistribution Group. The deal, at a time of slumping sales in the European car industry, […]

U.S. offers more funds to help fraught AIG

The U.S. government announced a restructuring of a bailout plan for the troubled insurer American International Group Inc. Monday, extending $30 billion in additional aid to the company. News of the additional funds comes as AIG, once the world’s largest […]