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Steyr Motors Stock Soars 1600% Amid European Defense Spending Surge
German private equity firm Mutares acquired Austrian engine manufacturer Steyr Motors from Thales for €1 in 2022; Steyr's stock price has since surged 1600% due to increased European defense spending, while Mutares' stock has doubled in six months.
Steyr Motors Stock Soars 1600% Amid European Defense Spending Surge
German private equity firm Mutares acquired Austrian engine manufacturer Steyr Motors from Thales for €1 in 2022; Steyr's stock price has since surged 1600% due to increased European defense spending, while Mutares' stock has doubled in six months.
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