NBN News | NEWCASTLE AGED CARE RESIDENTS FLY TO THE PHILIPPINES nbnnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbnnews.com.au Daily Mail and Mail on Sunday newspapers.
LETTER | Grab: From a noble mission to a US$40 billion decacorn
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LETTER | On April 13, Grab Holdings Inc (Grab) announced it intends to go public in the United States in partnership with Altimeter Growth Corp (AGC) in what is expected to be the largest-ever US equity offering by a Southeast Asian company.
But instead of going for the traditional initial public offering (IPO), Grab has chosen to partner with a special purpose acquisition company (SPAC) to bring the new entity to the public market. In a SPAC deal, a publicly-listed shell company created by investors acquires a target company.
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Abercrombie & Fitch Co. is shifting to renewable energy in its headquarters and distribution centers.
The apparel retailer plans to source all electricity used at its home office in New Albany, Ohio, and two distribution centers in New Albany, Ohio, from renewable generation beginning in 2023. Abercrombie has signed a 13-year, 100% renewable energy supply agreement with fellow Ohio-based company AEP Energy, a subsidiary of American Electric Power.
The agreement is for approximately 30,000 megawatt hours annually and will reduce approximately 16,000 metric tons of carbon from the atmosphere each year. This is equivalent to the carbon sequestered by over 27,000 acres of U.S. forests over the 13-year term.
Abercrombie & Fitch Co Commits to Renewable Energy in Its Global Home Office and Distribution Centers globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.