EQT Sells Pioneer to CarUX

This is a news story, published by Yahoo Finance, that relates primarily to Pioneer news.

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Pioneer Corporation

GlobalData

•

Technology

CarUX to buy Pioneer for $1.1bn

Summary

Nutrition label

80% Informative

Pioneer is a Japanese firm established in 1938 , with research and development (R&D) and manufacturing capabilities.

Completion of the transaction is anticipated in fourth quarter ( Q4 ) of this year .

For the fiscal year ending this March , the Japanese firm has reported double-digit earnings before interest, taxes, depreciation, and amortisation margins.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful