Get startedLog in
    Picture of Red Cat Holdings logo

    RCAT — Red Cat Holdings News Story

    0.000.00%
    us flag iconLast trade - 00:00
    IndustrialsSpeculativeMid CapNeutral
    All News

    Steyr Motors surges on Red Cat takeover offer

    Picture of Red Cat Holdings logoRed Cat Holdings
    Mon 08:32
    BUZZ-Steyr Motors surges on Red Cat takeover offer
    ** Shares in Steyr Motors 4X0.VI surge more than 20% after the Austrian engine maker said US-listed drone technology company Red Cat Holdings RCAT.O intended to launch a voluntary takeover offer for all outstanding shares
    ** Red Cat plans to offer €39 per share in cash, implying a 28.9% premium to Steyr Motors' last closing price
    ** Stock on track for its best session since March 17, 2025, when it ended the day 140% higher

     (Reporting by Anastasiia Kozlova)
     ((Anastasiia.Kozlova@thomsonreuters.com))

    Recent news on Red Cat Holdings

    See all news