Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. BMW AG
  6. News
  7. Summary
    BMW   DE0005190003

BMW AG

(BMW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

BlackRock close to investing 500 million euros in Ionity -sources

10/21/2021 | 12:33pm EST
People are seen in front of a showroom that hosts BlackRock in Davos

FRANKFURT (Reuters) - BlackRock is close to investing around 500 million euros ($582 million) in electric vehicle charging group Ionity, two people familiar with the matter said.

There is no guarantee that a deal will materialise and talks between the parties could still fall apart, the people added.

Ionity, whose owners include Volkswagen, Daimler, BMW and Ford, in March said it was examining ways to expand its network of fast-chargers across Europe.

Sources told Reuters in June that Royal Dutch Shell and Renault were among those interested in taking a 20-25% stake valued at 400-500 million euros.

BlackRock declined to comment on the investment, which was first reported by manager magazin.

A spokesperson for Ionity declined to comment, saying that the company was constantly discussing additional investment possibilities with its shareholders, which also include Hyundai Motor, and that additional investors were welcome.

(Reporting by Christoph Steitz, Editing by Nick Zieminski)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BMW AG -0.93% 84.98 Delayed Quote.18.76%
DAIMLER AG 0.24% 83 Delayed Quote.43.28%
VOLKSWAGEN AG -1.74% 161.66 Delayed Quote.7.94%
All news about BMW AG
11:11aBMW : Timo Resch becomes Vice President Customer, Brand, Sales at BMW M GmbH.
PU
09:23aNew Jersey town to install parking payment kiosks
AQ
08:18aSHAPING THE FUTURE OF QUANTUM COMPUT : BMW Group and RWTH Aachen University sign contract ..
AQ
06:11aSHAPING THE FUTURE OF QUANTUM COMPUT : BMW Group and RWTH Aachen University sign contract ..
PU
05:01aBMW : M2 Cup set to feature on the DTM support programme at six race weekends again in 202..
PU
03:54aThe BMW Concept XM - power and luxury beyond all conventions.
AQ
03:41aBMW : returns to Art Basel in Miami Beach as official automotive partner. Launching the ne..
PU
11/29BMW : Concept XM – power and luxury beyond all conventions.
PU
11/29Canada's power chip maker GaN Systems raises $150 million, pushes on electric car marke..
RE
11/29ELECTRIFYING MOMENTS AT BMW WELT : First customers take delivery of their fully-electric B..
PU
More news
Analyst Recommendations on BMW AG
More recommendations
Financials
Sales 2021 111 B 126 B 126 B
Net income 2021 11 092 M 12 574 M 12 574 M
Net cash 2021 20 223 M 22 925 M 22 925 M
P/E ratio 2021 4,95x
Yield 2021 6,14%
Capitalization 55 161 M 62 174 M 62 531 M
EV / Sales 2021 0,31x
EV / Sales 2022 0,27x
Nbr of Employees 120 726
Free-Float 57,3%
Chart BMW AG
Duration : Period :
BMW AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BMW AG
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 84,98 €
Average target price 109,55 €
Spread / Average Target 28,9%
EPS Revisions
Managers and Directors
Oliver Zipse Chairman-Management Board
Nicolas Peter Chief Financial Officer
Norbert Reithofer Chairman-Supervisory Board
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
BMW AG18.76%62 782
TOYOTA MOTOR CORPORATION25.74%245 149
VOLKSWAGEN AG7.94%123 172
DAIMLER AG43.28%99 834
GENERAL MOTORS COMPANY43.76%86 908
FORD MOTOR COMPANY123.78%78 606