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Carlyle Explores $1 Billion Sale of Taxi Firm Addison Lee The Wall Street Journal U.S. private-equity firm Carlyle Group is eyeing the possible sale of Addison Lee in a deal that could value the London-based taxi company at around $1.04 ... View the full article -
Evening Standard Addison Lee vows profits return in Uber fight Evening Standard Addison Lee boss Andy Boland on Monday insisted it will make profits again this year, after being driven into the red by spending big to fight off the threat of Uber. The company, which provides up to 25,000 rides a day in the capital, made pre-tax ... and more » View the full article
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BusinessCar Addison Lee to bring autonomous taxis to London by 2021 BusinessCar The news follows Volvo signing an agreement with Uber to sell tens of thousands of autonomous driving compatible base vehicles between 2019 and 2021. Volvo's engineers worked together with engineers from Uber to develop the XC90 premium SUVs ... Almost ... and more » View the full article