Acqsn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Acqsn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Acqsn Today - Breaking & Trending Today

Exclusive: Battery recycler Li-Cycle nears SPAC deal to go public - sources


2 Min Read
(Reuters) - Li-Cycle Corp, a recycler of lithium-ion batteries, is nearing a deal to go public through a merger with blank-check acquisition company Peridot Acquisition Corp at a valuation of about $1.7 billion, according to people familiar with the matter.
The deal could be announced as early as Tuesday, the sources said, requesting anonymity ahead of an official announcement. It represents a bet on the growing market for recycling used batteries, as well on the rising demand for lithium-ion power sources for new technologies such as electric vehicles.
Founded in Toronto in 2016, Li-Cycle recycles end-of-life lithium-ion batteries that power products such as electric cars, medical equipment and smartphones. Its investors include Moore Strategic Ventures and CC Industries. ....

United States , Joshua Franklin , Kirsten Donovan , Thomson Reuters Trust Principles , Cycle Corp , Cc Industries , Carnelian Energy Capital Management , Peridot Acquisition Corp , Moore Strategic Ventures , Carnelian Energy Capital , New York Stock Exchange , Thomson Reuters Trust , Life Cycle , Batteries Amp Uninterruptable Power Supplies Trbc Level 5 , Company News , Electrical Alternative Vehicles Trbc Level 5 , Enterprise Reporting , Equity Capital Changes , Initial Public Offerings , Mergers Acquisitions Takeovers , Major News , Private Equity Trbc Level 5 , Shell Companies Trbc Level 5 , Waste Management , Disposal Amp Recycling Services Trbc Level 5 , ஒன்றுபட்டது மாநிலங்களில் ,