Autonomous trucking company TuSimple seeks deal for U.S. business

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Autonomous trucking company TuSimple Holdings Inc. said late Wednesday it was “evaluating strategic alternatives” for its U.S. business, and has hired...

Autonomous trucking company TuSimple Holdings Inc. TSP said late Wednesday it was “evaluating strategic alternatives” for its U.S. business, and has hired Perella Weinberg Partners as an adviser to explore potential deals. If a sale goes through, TuSimple would keep Asia-Pacific operations and in other “major” global markets, it said. The stock fell more than 2% in the extended session after ending the regular trading day up 3.1%. Shares of Aurora Innovation Inc.

... Autonomous trucking company TuSimple Holdings Inc. TSP said late Wednesday it was “evaluating strategic alternatives” for its U.S. business, and has hired Perella Weinberg Partners as an adviser to explore potential deals. If a sale goes through, TuSimple would keep Asia-Pacific operations and in other “major” global markets, it said. The stock fell more than 2% in the extended session after ending the regular trading day up 3.1%. Shares of Aurora Innovation Inc.

 

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