Bloomberg In the race to build safe and affordable driverless vehicles, being first to deliver isn’t fetching a premium from investors. French startup Navya SAS would know: the first standalone self-driving company to be publicly traded has sold 15 of its autonomous vehicles that need no steering wheel, mirrors or pedals, and plans to start deliveries next year. It thinks ...

Bloomberg KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group, the Indian finance conglomerate backed by billionaire Ajay Piramal, people with knowledge of the matter said. The two private equity firms have each held preliminary talks in recent months about buying stakes in Chennai-based Shriram Group owned by ...

Bloomberg Chinese electronics giant TCL Corp. is weighing a bid for ASM International NV’s remaining stake in its listed Asian affiliate, as the Dutch semiconductor-equipment maker faces pressure from activist investors, people familiar with the matter said. TCL has been working with an adviser to explore making an offer for the 25 percent stake in Hong Kong-listed ASM Pacific Technology ...