Iveco to Continue Defense Spinoff Preparations While Considering Sale
Iveco IVG 0.09%increase; green up pointing triangle Group said it would continue to prepare for a spinoff of its defense unit while it explores interest in the business from potential buyers.
The Italian truck maker said it recently received preliminary expressions of interest for its defense business from potential buyers and the company's board mandated management to explore them while continuing with work for a possible spinoff.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Iran Superstar On Inter Milan Champions League Final Disaster: 'We're Hurting'
Inter Milan striker Mehdi Taremi took to social media to admit his regrets after a disaster in the Champions League final. Taremi took to Instagram with a heartfelt message to the devastated Nerazzurri faithful. View this post on Instagram Advertisement Despite all the domestic struggles, Inter could've saved a heart-wrenching campaign in Europe. Indeed, Simone Inzaghi steered the San Siro outfit to their second Champions League final in three years. However, after a 1-0 defeat to Manchester City in 2023, no one could've thought the Italian giants would fall so low this year. Unfortunately, it was one of the most one-sided finals in recent Champions League memory. Luis Enrique's high-flying side trounced the 20-time Serie A champions 5-0 in the Munich showpiece. In doing so, they won their first-ever Champions League trophy while extending Inter's wait for European silverware to 15 years. Advertisement Meanwhile, Mehdi Taremi, who had a disappointing first season at Inter, didn't get a chance in the title-deciding fixture. Inzaghi left him on the bench, but it's hard to think his inclusion would've changed anything. Mehdi Taremi Apologizes to Inter Milan Fans After Champions League Catastrophe MILAN, ITALY – FEBRUARY 22: Mehdi Taremi of FC Internazionale reacts during during the Serie A match between FC Internazionale and Genoa CFC at Stadio Giuseppe Meazza on February 22, 2025 in Milan, Italy. (Photo by) 'It's hard to find the right words,' Taremi wrote. 'We're hurting, because we know how much you believed in us. 'We wanted to give you that trophy, that moment, that joy. You deserved it. 'It hurts that we couldn't make that happen, but we're grateful for your love and support through it all. We don't take it for granted. Advertisement 'We'll keep working, keep growing, and next season, we'll come back stronger, with your support in our hearts. 'All for you, our amazing fans. Forza Inter.' Taremi's future at San Siro hangs in the balance as Inter aim to sign two new strikers this summer. Indeed, Jonathan David and Rasmus Hojlund sit atop the club's shortlist.
New York Times
43 minutes ago
- New York Times
Liverpool goalkeeper Caoimhin Kelleher joins Brentford
Caoimhin Kelleher has joined Brentford from Liverpool in a deal that could be worth £18million ($24.3m). The Athletic reported at the beginning of June Liverpool had accepted an offer from Brentford for the goalkeeper. The initial fee is £12.5m rising to £18m with add ons. The 26-year-old's Liverpool contract was set to expire in the summer of 2026 and the club valued him at £20m going into the summer window. Advertisement Kelleher joined Liverpool's academy from Irish side Ringmahon Rangers in 2015 and made his senior debut in 2019. While Alisson has been the club's undisputed first-choice goalkeeper, Kelleher has still played a significant role since breaking into the first team, and made 20 appearances in all competitions last season as Liverpool won the Premier League. He has made 67 appearances for the club and started the Carabao Cup final in 2024 and 2025. However, the Republic of Ireland international has frequently spoken of his intention to pursue a new challenge and his ambitions to be a No. 1 goalkeeper elsewhere. Liverpool also have an agreement in place to sign Valencia goalkeeper Giorgi Mamardashvili this summer after a £29m move was agreed last August. Brentford's move for Kelleher comes with the club agreeing a €10m (£8.4m) deal to sell goalkeeper Mark Flekken to Bayer Leverkusen. The club have a strong working relationship with Liverpool, having also signed Sepp van den Berg and Fabio Carvalho from last summer. A Kelleher departure has been the direction of travel for a number of seasons with the Republic of Ireland international never shying away from making clear his intentions were to become a No.1 goalkeeper. Unfortunately for him, he has been backing up one of the best goalkeepers in the world Alisson Becker. That hierarchy has been clear, and head coach Arne Slot reaffirmed it this season when making clear that when the Brazilian is fit, he is the No. 1 regardless of Kelleher's form. It is one of the key reasons he needed to move on if he wanted regular game time. When Liverpool recruited Valencia goalkeeper Giorgi Mamardashvili last summer, the writing seemed to be on the wall even more. Additionally, with only one year remaining on his contract, the club had to act decisively to ensure they did not lose him for free next summer. Advertisement Those factors contributed to a deal worth up to £18million being struck with Brentford. Liverpool were thought to value the 26-year-old north of £20million, but with his replacement signed, contract length short, and his desire to move clear, they were not in a strong position to negotiate. Supporters will be disappointed to see Kelleher leave as he proved himself to be one of, if not the best, second choice goalkeeper in Europe. Whenever he was required to step in for Alisson due to rotation or injury, he excelled and has contributed to multiple trophy successes during his time at the club. The test for him now will be dealing with the pressure of producing consistently over a 38-game season — an opportunity he has earned. ()
Bloomberg
44 minutes ago
- Bloomberg
Musk's X Aims to Soothe EU Regulators With Blue Check Disclaimer
By and Samuel Stolton Save Elon Musk's social network X is showing users a prominent disclaimer about the platform's blue checkmark program in a bid to appease concerns from the European Union's content regulators that it's deceptive and should be overhauled. X started showing users a message explaining the meaning of the blue check that appears on some user profiles last week. The notice was intended to demonstrate that the allegedly infringing behavior had been brought to an end, according to a person familiar with the matter.
