Audi To Buy Remaining Shares Of Texas-based Silvercar

By Ciara Linnane Markets MarketWatch Pulse

Audi of America Inc. said Thursday it is planning to fully acquire Texas-based Silvercar Inc., a shared mobility company, to expand its digital mobility services. Audi previously took part if a $28 million Series C investment in Silvercar, which employs about 150 people. The company expects to complete the deal in the first half.

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