Following positive progress on antitrust regulation process, the closing of the transaction is now expected for Q1 2021, subject to regulatory approvals and customary closing conditions, with an extraordinary shareholders’ meeting to be held in October.
The acquisition brings together Uber’s expertise in on-demand, global mobility technologies with Routematch’s proven capabilities across paratransit, payments, fixed-route tools, and trip planning services.
ProFusion was formerly the industrial products division of the RJF International Corp. The company was sold to an investor group led by ProFusion management.
Closing of the acquisition of Bombardier Transportation remains on track for the first half of 2021.
Through the acquisition the company will add Champion Bus, Federal Coach, World Trans, Krystal Coach, ElDorado, and Goshen Coach.
By working together as part of Intel and Mobileye, Moovit will advance the company’s MaaS strategy and the global adoption of autonomous transportation.
The agreement would create the world's No. 2 train manufacturer and better take on China's CCRC Corp.
Silver Fox Bus Lines was founded more than 40 years ago.
The Smithsonian Affiliate has served as the home of the bus museum since opening to the public in 2003.
The procurement will include several school bus and motorcoach vehicles, as well as 29 employees.
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