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RCDO Ricardo Plc

443.00
0.00 (0.00%)
02 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ricardo Plc LSE:RCDO London Ordinary Share GB0007370074 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 443.00 443.00 446.00 449.00 442.00 449.00 44,199 16:29:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Vehicle Part,accessory 446M -5.4M -0.0868 -51.04 275.63M

CNH Industrial's FPT Acquires UK Startup

19/12/2019 1:46pm

Dow Jones News


Ricardo (LSE:RCDO)
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From Oct 2019 to Oct 2024

Click Here for more Ricardo Charts.
   By Cristina Roca 
 

CNH Industrial NV (CNHI) said Thursday that its powertrain brand FPT has agreed to buy 100% of Dolphin N2, an internal combustion engine technology startup.

The acquisition of Dolphin N2, which is a Ricardo PLC (RCDO.LN) spinout, will help FPT substantially increase fuel efficiency while reducing operating costs and CO2 emissions, it said.

Financial details weren't disclosed.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

December 19, 2019 08:31 ET (13:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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