December 21, 2022 12:19 pm
Zinc concentrate producer Titan Mining Corporation said on Wednesday that it had extended the maturity date of its $40 million credit facility with National Bank of Canada. The maturity date of Titan Mining Corp’s revolving credit facility has been extended from December 6th 2023 to December 6th 2024, the company said. “I am pleased we […]
Read moreDecember 21, 2022 9:24 am
Inter Parfums Inc (IPAR) said on Wednesday that its majority-owned French subsidiary, Interparfums SA, and fashion sport brand Lacoste had signed a global exclusive 15-year fragrance license agreement, effective January 1st 2024. Under the agreement, Interparfums will be responsible for the creation, development, production and marketing of all perfume and cosmetics lines under the Lacoste […]
Read moreDecember 19, 2022 12:08 pm
LG Energy Solution (373220) on Monday announced plans to invest KRW 4 trillion ($3.1 billion) until 2026 in an EV battery-producing plant in Ochang, South Korea. The project is to include research & development, production facilities and related infrastructure and is expected to employ 1,800 people. “We plan to set up a diversified product portfolio […]
Read moreDecember 19, 2022 9:46 am
US defense firm L3Harris Technologies Inc (LHX) said over the weekend that it would acquire Aerojet Rocketdyne Holdings Inc (AJRD) in a $4.7 billion all-cash deal, as demand for missiles surges amid continuing military conflict in Ukraine. The acquisition is expected to be finalized next year and will add on to L3Harris’ Space & Airborne […]
Read moreDecember 16, 2022 11:41 am
Spanish oil major Repsol said today that it had agreed to acquire renewable energy company Asterion Energies for as much as EUR 560 million plus contingent payments of up to EUR 20 million. Asterion Energies’ 7.7 gigawatt portfolio consists of 4.9 gigawatts of photovoltaic solar and 2.8 gigawatts of wind generation, 2.5 gigawatts of which […]
Read moreDecember 16, 2022 10:03 am
Canadian venture capital firm ThreeD Capital Inc said on Thursday that it had acquired ownership and control of an aggregate of 1,400,000 common shares of Infinitii AI Inc via a number of transactions ending on December 12th. Those shares, which were purchased through the facilities of the Canadian Securities Exchange, represented about 1.1% of all […]
Read moreDecember 15, 2022 11:14 am
Mercedes-Benz said on Thursday that it would be supplied with low-carbon aluminium by Norsk Hydro from 2023, which it will use in a range of vehicle models, including its electric EQ models. The luxury auto maker plans to achieve near-zero carbon aluminium by the end of the current decade. The company also aims to reduce […]
Read moreDecember 15, 2022 9:24 am
Sodexo (SDX) said on Thursday that it had renewed its 5-year agreement with Tetra Pak, a leading food processing and packaging solutions firm, to provide integrated facilities management services internationally. The collaboration between the two companies, which began in 2018 on a 22-country geographic scope, covers 65 sites in Europe, Brazil and the Asia Pacific […]
Read moreDecember 14, 2022 11:24 am
Paysafe’s cash arm and ING Germany, the third-largest bank in the country in terms of client numbers, on Wednesday announced a new partnership. Starting December 14th, over 9 million ING clients will be able to make cash deposits or withdrawals from their current account at participating retailers across Germany. Known as “ING Cash”, the new […]
Read moreDecember 14, 2022 9:48 am
Volkswagen (VOWG) said on Tuesday that it had established a joint venture with Italy’s Enel (ENEI) to build 3,000 high-speed charging points with a capacity of up to 350 kW across Italy for electric vehicles. Each of the companies will invest as much as EUR 100 million, it said. Drivers of electric vehicles made by […]
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