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Us Market

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CVC to acquire Marathon Asset Management, expanding its US credit platform
business1 month ago

CVC to acquire Marathon Asset Management, expanding its US credit platform

CVC agreed to acquire Marathon Asset Management for up to $1.2 billion in a cash-and-equity deal to expand its US credit capabilities and broaden its multi-asset credit platform. The base consideration is $400 million in cash and up to 45 million SubCo Units exchangeable for CVC shares, plus up to $800 million in CVC equity, with earn-outs of up to $200 million cash and $200 million in SubCo Units. Marathon’s minority partner will receive $280 million in cash. The deal is expected to close in Q3 2026 and be EPS neutral in 2027 and accretive from 2028. Marathon will be rebranded CVC-Marathon, with co-heads Bruce Richards and Lou Hanover leading the combined credit business. Post-close, CVC’s Fee-Paying AUM is targeted at about €61 billion, supporting plans to reach €200 billion by 2028 across Private and Public Credit and multiple client channels.

Honda's Hybrids to Get Louder to Appeal to American Tastes
automotive2 months ago

Honda's Hybrids to Get Louder to Appeal to American Tastes

Honda is developing a new hybrid system for the US market that will feature a louder, more appealing exhaust sound, catering to American preferences for louder cars. The new hybrid will sound better than the Prelude and will be implemented in popular models like the Accord, Civic, and CR-V, with potential for sportier trims and future V-6 engines. This move highlights Honda's focus on enhancing the driving experience for American consumers, even as the industry shifts toward electric vehicles.

Volkswagen ID. Buzz Electric Minibus Temporarily Discontinued in the U.S.
business2 months ago

Volkswagen ID. Buzz Electric Minibus Temporarily Discontinued in the U.S.

Volkswagen will not produce the 2026 ID.Buzz electric minibus for the US market, citing market conditions, but plans to bring it back in 2027. The decision allows VW to focus on current inventory and prepare for the next model year, amid challenges like policy changes and market competition. The ID.Buzz, popular for its design and affordability, faced sales and policy hurdles, prompting speculation about its future at a potentially lower price or with enhanced features.

Google Pixel 10 Breaks Sales Records Amid iPhone 17 Success
technology4 months ago

Google Pixel 10 Breaks Sales Records Amid iPhone 17 Success

Google's Pixel 10 smartphone lineup experienced a record 28% YoY sales increase in the US in September 2025, driven by effective marketing and strong sales of the Pixel 10 Pro XL, coinciding with the launch of Apple's iPhone 17. The success is particularly notable in the $600+ market segments at T-Mobile and Verizon, though less so at AT&T. Google is preparing to launch the Pixel 10a in early 2026 with a conservative design and expected features.