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Red Cat Withdraws Acquisition Offer for Steyr Motors AG

US company Red Cat has withdrawn its preliminary acquisition offer for Steyr Motors AG, leaving no active offers for the Austrian engine manufacturer. The decision was confirmed by both Red Cat and financial reports.

29 Jul, 08:05 — 29 Jul, 08:05
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seeking-alphaMixed2h ago

Red Cat pulls preliminary proposal for Steyr Motors AG; no active offers remain

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Coverage Timeline

First report: seeking-alpha · 29 Jul, 08:05Full coverage: 2 · 39mWindow: 39m
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seeking-alpha29 Jul, 08:05First to report

Red Cat pulls preliminary proposal for Steyr Motors AG; no active offers remain

die-presse29 Jul, 08:44Latest update

US-Konzern Red Cat zieht Übernahmeangebot für Steyr Motors zurück

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