Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

RTTNews | hace 611
Stocktwits
Li-Cycle Acknowledges Discussions With Glencore Amid Evaluation Of Strategic Alternatives

(RTTNews) - Li-Cycle Holdings Corp. (LICY) acknowledged Thursday regulatory filings made yesterday in the U.S. and Canada by Glencore plc and its affiliates related to discussions that Glencore is having regarding Li-Cycle and its subsidiaries, in light of the ongoing process being conducted by the Company to evaluate financing and strategic alternatives.

The Company does not intend to comment specifically on Glencore's disclosures.

As previously announced on November 13, 2023, the Company has engaged Moelis & Company LLC as financial advisor to assist in evaluating financing and strategic alternatives for the Company.

Moelis has commenced a robust process that includes both existing stakeholders and potential new investors. The Company is committed to identifying and pursuing financing and strategic alternatives that are in the best interests of Li-Cycle.

Tags: LICY
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Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Appoints Craig Cunningham As CFO

Li-Cycle Holdings Corp. (LICY), a lithium-ion battery resource recovery company, announced Thursday that it has appointed Craig Cunningham to the role of Chief Financial Officer (CFO), effective July 20, 2024. Cunningham has served as Li-Cycle's interim CFO since March 2024.
RTTNews | hace 387
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | hace 1
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | hace 1
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | hace 1
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | hace 1
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | hace 1
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