EastAutoNews TV Markets

Steyr Motors: Board backs Red Cat’s €39 takeover offer

Name: Steyr Motors: Board backs Red Cat’s €39 takeover offer
Uploaded: 2026-11-04T06:14:53+01:00
Description: Steyr Motors’ management and supervisory boards have recommended shareholders accept Red Cat’s €39-a-share cash offer. The bid, endorsed on Oct 30 and made public Nov 2, raises questions for Central‑European powertrain supply chains. Video: matlevesque / Pixabay

4 Nov 2026, 06:14 7 0:07 min

Steyr Motors’ management and supervisory boards have recommended shareholders accept Red Cat’s €39-a-share cash offer. The bid, endorsed on Oct 30 and made public Nov 2, raises questions for Central‑European powertrain supply chains.

Read the full story →

Video: matlevesque / Pixabay